The World Trade Organization announced Sept. 19 that its economists are now forecasting global trade growth of 2.5% in 2013, down from the 3.3% they projected in April, and 4.5% in 2014, down from 5.0%. Both would still be better than 2012, which saw trade growth fall to 2.0% from 5.2% in 2011.
In The News
Free-trade deal with EU could be in home stretch
September 30, 2013
With Prime Minister Stephen Harper and European Commission President Jose Manuel Barroso now handling negotiations directly, there is increasing confidence within the Conservative government that a trade agreement between Canada and the European Union will be in place before the end of the year.