5 Key Points for October 14, 2025
Start your day with the top 5 things you need to know this morning.
1. IMF's Economic Growth Predictions
The Liberal Party's promise for Canada to have the fastest-growing economy in the G7 may not be fulfilled soon. According to the International Monetary Fund (IMF), Canada will grow at a slower rate than the US and UK this year, and next year it will be outpaced by the US.
- IMF Growth Projections for 2025:
- US: 2.0%
- Germany: 0.2%
- France: 0.7%
- Spain: 2.9%
- UK: 1.3%
- China: 4.8%
- Japan: 1.1%
- India: 6.6%
- Russia: 0.6%
- Brazil: 2.4%
- Saudi Arabia: 4.0%
- Nigeria: 3.9%
Mark Carney was mocked by US President Donald Trump on Monday as he attended the signing of the Gaza-Israel peace plan in Egypt.
Author's summary: IMF predicts slower economic growth for Canada.