Canada | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Growth Rate 0.60 2.5 0.2 0.4 0.5 0.6 percent [+]
Unemployment Rate 6.80 6.8 6.9 7.1 7 6.7 percent [+]
Inflation Rate 1.50 1.6 1.5 1.7 1.8 2.9 percent [+]
Interest Rate 0.50 0.5 0.25 0.25 0.25 2 percent [+]
Balance of Trade -3276.80 -2600 -3100 -3500 -3600 -3310 CAD Million [+]
Government Debt to GDP 91.50 92.5 92.5 93.1 93.1 90 percent [+]
MARKETS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Currency 1.32 1.32 1.33 1.34 1.34 1.55 [+]
Stock Market 14550.00 13900 13800 13600 13600 11400 points [+]
Government Bond 10Y 1.12 1.2 1.22 1.23 1.43 1.42 percent [+]
GDP Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Growth Rate 0.60 2.5 0.2 0.4 0.5 0.6 percent [+]
GDP Annual Growth Rate 1.10 1.3 1.5 1.1 1.1 2 percent [+]
GDP Growth Annualized 2.40 2.2 2.3 2.3 2.3 2.3 percent [+]
GDP 1550.54 1530 1530 1600 1600 2160 USD Billion [+]
GDP Constant Prices 1782972.00 1800000 1810000 1820000 1830000 1940000 CAD Million [+]
Gross National Product 1970512.00 1990000 2000000 2020000 2030000 2200000 CAD Million [+]
Gross Fixed Capital Formation 379005.00 402000 381000 382000 382000 425000 CAD Million [+]
GDP per capita 50000.56 50900 50900 51300 51300 53000 USD [+]
GDP per capita PPP 42890.88 43100 43100 43250 43250 45280 USD [+]
GDP From Agriculture 26177.00 26282 26358 26431 26467 30500 CAD Million [+]
GDP From Construction 115744.00 115031 114936 114882 114863 120000 CAD Million [+]
GDP From Manufacturing 175823.00 174759 174667 174616 174591 180000 CAD Million [+]
GDP From Mining 129701.00 130456 130447 130427 130415 136000 CAD Million [+]
GDP From Public Administration 108396.00 108042 107948 107858 107770 111000 CAD Million [+]
GDP From Services 1178231.00 1187243 1192686 1198119 1203548 1330000 CAD Million [+]
GDP From Transport 73066.00 74470 75101 75623 76117 82200 CAD Million [+]
GDP From Utilities 38500.00 38406 38427 38431 38431 39200 CAD Million [+]
LABOUR Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Unemployment Rate 6.80 6.8 6.9 7.1 7 6.7 percent [+]
Employed Persons 18054.50 18072 18084 18095 18103 18100 Thousand [+]
Unemployed Persons 1326.30 1380 1390 1410 1380 1340 Thousand [+]
Part Time Employment 39.40 2.38 3.94 3.76 3.78 3.79 Thousand [+]
Full Time Employment -40.10 11.46 10.95 11.77 11.91 12.25 Thousand [+]
Employment Change -0.70 12.43 14 15.26 15.83 16.44 Thousand [+]
Labor Force Participation Rate 65.50 65.5 65.4 65.6 65.8 67 percent [+]
Youth Unemployment Rate 13.00 13.7 13.6 13.6 13.6 11.8 percent [+]
Labour Costs 115.83 117 117 117 117 123 Index Points [+]
Productivity 106.33 106 107 107 107 111 Index Points [+]
Wages 23.88 23.76 23.76 23.75 23.75 25.53 CAD/Hour [+]
Wages in Manufacturing 24.72 24.69 24.69 24.68 24.66 26.23 CAD/Hour [+]
Minimum Wages 11.25 11.25 11.25 11.25 11.25 12 CAD/Hour [+]
Population 35.99 36.18 36.23 36.3 36.38 37.32 Million [+]
Retirement Age Women 65.00 65 65 65 65 65 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Job Vacancies 352610.00 346396 346626 346555 346577 346572 [+]
Non Farm Payrolls 15888.50 15900 15900 15900 15900 16805 Thousand [+]
Employment Rate 61.00 61 61.1 61.1 61.1 62.2 percent [+]
PRICES Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Inflation Rate 1.50 1.6 1.5 1.7 1.8 2.9 percent [+]
Inflation Rate Mom 0.20 0.5 0.3 0.3 0.4 0.2 percent [+]
Consumer Price Index CPI 129.10 130 131 132 133 152 Index Points [+]
Core Consumer Prices 128.50 130 130 131 131 154 Index Points [+]
Core Inflation Rate 2.10 2.1 2 2 2 2.2 percent [+]
GDP Deflator 112.10 113 113 113 114 118 Index Points [+]
Producer Prices 109.10 110 111 111 111 120 Index Points [+]
Producer Prices Change -1.10 -0.6 -0.1 -0.1 -0.1 2.1 percent [+]
Export Prices 112.90 113 114 114 114 126 Index Points [+]
Import Prices 126.80 126 126 126 126 139 Index Points [+]
Food Inflation 1.30 2.1 2.6 3.1 3.6 4.4 percent [+]
Cpi Transportation 131.00 126 126 126 126 136 Index Points [+]
MONEY Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Interest Rate 0.50 0.5 0.25 0.25 0.25 2 percent [+]
Interbank Rate 0.89 0.8 0.8 0.8 0.8 2.1 percent [+]
Money Supply M0 81407.00 83276 84468 85676 86901 105973 CAD Million [+]
Money Supply M1 842401.00 863762 880693 897961 915574 1201894 CAD Million [+]
Money Supply M2 1421888.00 1450897 1474388 1498063 1521957 1890765 CAD Million [+]
Money Supply M3 2148838.00 2184561 2225611 2267514 2310274 3005079 CAD Million [+]
Central Bank Balance Sheet 101844.00 102000 103000 103000 103000 127000 CAD Million [+]
Banks Balance Sheet 5025596.00 5108103 5140000 5140000 5140000 7070047 CAD Million [+]
Foreign Exchange Reserves 83521.00 83427 83454 83452 83451 83451 USD Million [+]
Loans to Private Sector 324582.00 352000 355000 355000 355000 383000 CAD Million [+]
Deposit Interest Rate 0.10 0.3 0.3 0.3 0.3 1.5 percent [+]
Foreign Stock Investment 14733.00 9433 9607 9561 9579 9575 CAD Million [+]
Private Debt to GDP 254.13 255 259 260 261 265 percent [+]
TRADE Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Balance of Trade -3276.80 -2600 -3100 -3500 -3600 -3310 CAD Million [+]
Exports 41144.80 41500 40900 40400 40300 45500 CAD Million [+]
Imports 44421.60 44100 44000 43900 43900 48800 CAD Million [+]
Current Account -16800.00 -16148 -15922 -15694 -15463 -13052 CAD Million [+]
Current Account to GDP -3.30 -2.9 -2.9 -2.9 -2.9 -1.7 percent [+]
External Debt 612.33 616 618 618 618 628 CAD Billion [+]
Terms of Trade 89.00 89.47 89.54 89.55 89.55 94.74 Index Points [+]
Foreign Direct Investment 7180.00 17567 13312 13758 14567 14444 CAD Million [+]
Capital Flows -53.00 -4 -6 -6 -6 -8 CAD Million [+]
Gold Reserves 1.70 2 2 2 2 4 Tonnes [+]
Crude Oil Production 3733.00 3750 3770 3755 3767 3762 BBL/D/1K [+]
Terrorism Index 2.30 2.3 2.3 2.3 2.3 2.3 [+]
Tourist Arrivals 2582295.00 2404853 1811221 2227500 2405106 2210608 [+]
Weapons Sales 312.00 315 332 349 339 323 USD Million [+]
GOVERNMENT Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Government Debt to GDP 91.50 92.5 92.5 93.1 93.1 90 percent [+]
Government Budget 0.10 0.2 0.2 0.2 0.2 -0.7 percent of GDP [+]
Government Budget Value -9436.00 1190 108 108 108 -312 CAD Million [+]
Government Spending 347887.00 349881 350870 351854 352833 366021 CAD Million [+]
Government Revenues 24105.00 24383 24395 24358 24352 24355 CAD Million [+]
Fiscal Expenditure 31489.00 22964 22951 22955 22957 22957 CAD Million [+]
Military Expenditure 17209.90 17255 17158 17061 17097 17139 USD Million [+]
Asylum Applications 1474.00 1518 1552 1538 1533 1536 Persons [+]
BUSINESS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Business Confidence 51.70 54.1 53.39 53.39 53.39 62.4 [+]
Manufacturing PMI 51.80 51.76 50.27 50.27 50.27 51 [+]
Industrial Production 2.44 1.6 1.1 1.1 1.1 0.73 percent [+]
Industrial Production Mom -0.09 0.3 0.05 0.08 0.09 0.5 percent [+]
Manufacturing Production 1.45 2.17 1.3 1.3 1.3 3.1 percent [+]
Capacity Utilization 81.40 80.8 80.5 80.5 80.5 83 percent [+]
New Orders 50983283.00 50427568 50445338 50433303 50436124 50435236 CAD THO [+]
Changes in Inventories -6904.00 -1142 1192 2916 3984 4819 CAD Million [+]
Bankruptcies 247.00 210 219 288 228 228 Companies [+]
Corporate Profits 61698.00 50277 55336 54041 53328 70100 CAD Million [+]
Car Registrations 198274.00 146549 159591 167003 160046 161561 Thousand [+]
Leading Economic Index 0.10 0.09 0.11 0.12 0.12 0.12 percent [+]
Mining Production 0.28 0.7 0.2 0.2 0.2 1.7 percent [+]
Steel Production 1040.00 1062 1064 1065 1066 1067 Thousand Tonnes [+]
Competitiveness Index 5.31 5.31 5.31 5.31 5.31 5.47 Points [+]
Competitiveness Rank 13.00 13 13 13 13 9 [+]
Corruption Index 83.00 83 83 83 83 87 Points [+]
Corruption Rank 9.00 9 9 9 9 5 [+]
Ease of Doing Business 14.00 14 14 14 14 10 [+]
CONSUMER Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Consumer Confidence 84.40 76 75 75 75 89 [+]
Retail Sales MoM 0.20 0.1 0.3 0.3 0.3 0.3 percent [+]
Retail Sales YoY 3.60 3.89 4.01 4.09 4.14 4.21 percent [+]
Retail Sales Ex Autos 0.90 0.4 0.3 0.3 0.3 0.3 percent [+]
Consumer Spending 1011970.00 1020000 1025811 1030958 1036188 1110000 CAD Million [+]
Disposable Personal Income 1132856.00 1140000 1150000 1150000 1150000 1260209 CAD Million [+]
Personal Savings 3.90 4.1 3.85 3.86 3.86 5 percent [+]
Consumer Credit 548732.00 559000 566000 566000 566000 614000 CAD Million [+]
Private Sector Credit 3698764.00 3772863 3818171 3863401 3908529 4526656 CAD Million [+]
Bank Lending Rate 2.70 2.7 2.7 2.7 2.7 3.7 percent [+]
Households Debt To Gdp 97.60 100 101 101 102 104 percent of GDP [+]
Households Debt To Income 167.46 169 170 170 171 178 percent [+]
Gasoline Prices 0.83 0.72 0.71 0.71 0.71 1.15 USD/Liter [+]
HOUSING Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Building Permits 6791039.00 6869952 6852623 6853696 6852953 6853221 CAD Thousand [+]
Housing Starts 218.33 179 180 170 180 202 Thousand [+]
Housing Index 115.70 116 117 117 118 125 Index Points [+]
Home Ownership Rate 66.50 66 66 66 66 63 percent [+]
TAXES Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Corporate Tax Rate 26.50 26.5 26.5 26.5 26.5 26.5 percent [+]
Personal Income Tax Rate 29.00 29 29 29 29 29 percent [+]
Sales Tax Rate 5.00 5 5 5 5 5 percent [+]
Social Security Rate 14.41 14.41 14.41 14.41 14.41 14.41 percent [+]
Social Security Rate For Companies 7.58 7.58 7.58 7.58 7.58 7.58 percent [+]
Social Security Rate For Employees 6.83 6.83 6.83 6.83 6.83 6.83 percent [+]





Economic Forecasts for Canada including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Canada economy. 7/27/2016