Canada to lead in growth: OECD

Canada is expected to lead in economic growth among industrialized countries during the first half of the year, the CBC reported, based on forecasts from the Organization for Economic Co-operation and Development. It is expected the economy will grow by 5.2 per cent in the first three months of 2011 and 3.8 per cent in the second quarter. The OECD predicts Germany will see the next strongest growth. Overall, the OECD expects all G7 countries, excluding Japan, to grow well above the organization's previous forecast.

Published: Wednesday, 04/06/2011 12:00 am EDT

Canada is expected to lead in economic growth among industrialized countries during the first half of the year, the CBC reported, based on forecasts from the Organization for Economic Co-operation and Development. It is expected the economy will grow by 5.2 per cent in the first three months of 2011 and 3.8 per cent in the second quarter. The OECD predicts Germany will see the next strongest growth. Overall, the OECD expects all G7 countries, excluding Japan, to grow well above the organization's previous forecast.

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