Brazil is everyone’s darling these days,

As Mexico booms, Canadian exporters benefit - The Globe and Mail: Brazil is everyone’s darling these days, but Mexico’s economy is growing faster at the moment. Mexican GDP advanced at an annual rate of 3.7 per cent in the fourth quarter and at an annual rate of 4.5 per cent in the third quarter of 2011. That left mighty Brazil eating Mexico’s dust. Brazil’s GDP grew at annual rates of 1.2 per cent and 2 per cent in the fourth and third quarters respectively. For all of 2011, Mexico’s economy expanded 3.9 per cent compared with 2.5 per cent in Brazil, according to Bank of Nova Scotia.

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