OTTAWA (Reuters) - The Bank of Canada on Tuesday sharply cut its growth forecast for the third quarter of 2013 and said the crucial export sector might pick up speed slower than initially expected.

Senior Deputy Governor Tiff Macklem said the central bank expected annualized growth in the third and fourth quarters to be in the 2 to 2.5 percent range before strengthening next year. In its monetary policy report released in July, the bank said third quarter growth would be 3.8 percent and fourth quarter growth would be 2.5 percent.

http://ca.news.yahoo.com/bank-canada-slashes-third-quarter-growth-forecast-wary-160509964--business.html