Canada Economic Outlook Lower oil price adds to risks Alongside the potential for a sharp correction in the domestic housing market, the recent slump in crude oil prices represents a second risk to the Canadian economic outlook. We expect GDP growth to... 27th October 2014 · 1 min read
Canada Economic Outlook Lower interest rates won't prevent slowdown Canada's economy will struggle over the next two years due to a housing-induced slowdown that potentially could push the economy close to stagnation before the end of 2016. While export and investment... 16th July 2014 · 1 min read
Canada Economic Outlook Lower Canadian dollar no panacea Canada’s economic underperformance will continue as competitiveness challenges restrain exports and the slowdown in housing intensifies. We expect GDP to increase by 2.0% in 2014, before slowing to... 24th April 2014 · 1 min read
Canada Economic Outlook Policy flexibility limits downside economic risks We anticipate only a modest pick-up in the growth rates of exports and business investment, which will be more than offset by the impact of an outright decline in residential investment and slower... 19th December 2013 · 1 min read
Canada Economic Outlook Housing to hold back economy As the export recovery is further delayed and housing activity softens, we expect Canada's economy to continue to struggle over the next two years. After growing by 1.6% this year, we forecast annual... 8th October 2013 · 1 min read
Canada Economic Outlook Canada poised for slow growth Canada's economy is poised for a long period of slow growth, as the mining investment boom simmers down and other parts of the economy such as housing or exports are either over-extended or growing... 30th July 2013 · 1 min read
Canada Economic Outlook Economy losing momentum A protracted housing downturn, less supportive growth in business investment and controlled government spending will curb economic growth this year. Thankfully, moderate export growth will bolster an... 9th April 2013 · 1 min read
Canada Economic Outlook Housing downturn intensifies A prolonged housing downturn means that economic growth will be much weaker over the next two years. Gains in business investment and somewhat better export growth, though, will help to buffer... 20th December 2012 · 1 min read
Canada Economic Outlook Housing correction only just beginning Canada's already lacklustre rate of economic growth is only going to slow further as the housing correction intensifies. Home sales are now falling sharply and it is only a matter of time before... 20th September 2012 · 1 min read
Canada Economic Outlook Storm clouds gathering After a slight pick-up in the second quarter, we expect GDP growth to drop back below 2% annualised in the second half of this year, as the strength in housing investment fades and consumption slows... 19th June 2012 · 1 min read
Canada Economic Outlook Better export growth will help bolster GDP growth We expect GDP growth to slow after the first quarter, as consumption growth fades and housing investment begins to decline. Only a pick-up in business investment growth and a positive contribution... 27th March 2012 · 1 min read
Canada Economic Outlook Confidence important during global slowdown Given the worsening global economic outlook and its negative implications for the export sector, confidence among domestic households and businesses will be critical to Canada's overall economic... 21st December 2011 · 1 min read
Canada Economic Outlook Further policy stimulus increasingly likely As the outlook for global economic growth deteriorates markedly, there is a growing likelihood that more policy stimulus will eventually be required in Canada. The limited scope for further monetary... 21st September 2011 · 1 min read
Canada Economic Outlook Household slump will dampen economic growth Canada's recent economic performance has been impressive. After suffering a less severe recession than most other developed countries, it has also enjoyed a relatively more vigorous recovery... 29th June 2011 · 1 min read
Canada Economic Outlook Housing downturn to hit economy hard Because Canada emerged from the global financial crisis largely unaffected, many Canadians now appear to believe that the economy is somehow invincible. This level of hubris is disconcerting when... 23rd February 2011 · 1 min read
Canada Economic Outlook Housing downturn to hit economy hard Because Canada emerged from the global financial crisis largely unaffected, many Canadians now appear to believe that the economy is somehow invincible. This level of hubris is disconcerting when... 23rd February 2011 · 1 min read
