Canada's prospects for growth in 2010 are receiving greater confidence from the International Monetary Fund (IMF), revealing in a recent forecast it expects the country to hit 2.6 per cent this year.
This is up from previous estimates of 2.1 per cent, though its forecast for 3.6 per cent growth in 2011 remains unchanged.
Comparatively, the IMF forecasts the United States to achieve 2.7 per cent growth in 2010, and 2.4 per cent growth in 2011.
China is forecasted to reach 10 per cent growth in 2010 and 9.7 per cent growth in 2011. Similarly elevated numbers are expected for India, with 7.7 per cent growth in 2010 and 7.8 per cent growth in 2011.
As a specialized agency of the United Nations, the IMF has 168 member countries, promoting international monetary cooperation and provides policy advice and financing to members in economic difficulties.
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