According to statistics from the Organisation for Economic Co-operation and Development (OECD), the percentage of firms in Japan that have brought new products and services to the market is 9.9 percent for the manufacturing sector and 4.9 percent for the services sector.
Growth in consumption and investment is expected to ease, and growth in housing is projected to slow further, in part because of the measures introduced by the Ontario government in April. All told, we forecast that the economy will expand by 3.1 per cent this year, before slowing to 2.1 per cent in 2018. This is still faster than the growth rate of potential.