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CANADIAN ECONOMY STARTS TO SLIP: MLI’S LEADING ECONOMIC INDICATOR


CANADIAN ECONOMY STARTS TO SLIP: MLI’S LEADING ECONOMIC INDICATOR OTTAWA, ON (December 4, 2018): After sending weak and sluggish signals for the better part of 2018, Canada’s economy has tipped into decline as the year draws to a close. The Macdonald-Laurier Institute’s Leading Economic Indicator (LEI), a tool designed to predict changes in the Canadian business cycle, dipped by 0.1 percent in October. This represents the first decline recorded by the index since January 2016.
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