Again showing how ahead of the curve he is…

The recession is over, the Bank of Canada said in its quarterly Monetary Policy Report released Thursday.

After shrinking since the last quarter of 2008, the Canadian economy will grow by an annualized rate of 1.3 per cent in the current quarter, the bank said.

Bank of Canada governor Mark Carney said Canada is on track for an economic recovery. (CBC)”We are on track for the recovery both in Canada and globally,” Bank of Canada governor Mark Carney told reporters.