Steadier natural gas prices contributed to the improved outlook
Interest rates are expected to remain at or above 4% in both Canada and the U.S.
Post-pandemic demand surge to give global GDP an assist too, Goldman Sachs says
The goods deficit narrowed in December while trade stayed in surplus for the full year
Growth forecast largely unchanged, inflation expectations edge up
Rating agencies see credit challenges growing as macro conditions hit company finances
Financial markets, housing market may face rate-driven headwinds
Housing market turmoil, deeper U.S recession pose threats too
Policy-makers must foster workforce participation, skills match
Amid growing challenges, Canadian banks still well positioned to absorb headwinds