Boogich via Getty Images Rush hour traffic along the Autoroute Bonaventure in Montreal. Canada's economy is expected to speed ahead of its G7 counterparts, the IMF says in a new report.

OTTAWA — The International Monetary Fund expects Canada to lead the G7 for economic growth this year. The IMF raised its outlook for Canada as part of its latest world economic outlook update. It now expects the Canadian economy to grow by 2.5 per cent in 2017, up from its April projection of 1.9 per cent. Story continues below