Canada | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 1.22 1.24 1.28 1.15 1.15 1.05 [+]
Government Bond 10Y 1.41 1.5 1.7 1.7 4 4 [+]
Stock Market 15360.55 15106 15213 15700 17300 19000 [+]
GDP Actual Q2/15 Q3/15 2020 2030 2050
GDP 1825.10 1951 1971 2325 2843 3216 [+]
GDP Growth Rate 0.60 0.3 0.5 1 0.68 0.69 [+]
GDP Growth Annualized 2.40 3.23 3.45 3.09 3.1 3.1 [+]
GDP Annual Growth Rate 2.63 2 1.8 3.01 2.7 2.11 [+]
GDP Constant Prices 1767784.00 1783596 1788304 2044437 2380172 2757691 [+]
Gross National Product 1961684.00 2004758 2015187 2060578 2219153 2601107 [+]
GDP per capita 37519.66 38812 38838 40978 45982 48982 [+]
Gross Fixed Capital Formation 409763.00 413185 414457 464699 564699 684699 [+]
GDP per capita PPP 41888.78 42239 42274 42495 47508 55508 [+]
Labour Actual Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 6.80 6.7 6.5 5.5 5.5 5 [+]
Employed Persons 17914.60 17948 17976 19046 24804 24806 [+]
Full Time Employment -28.20 28.19 37.3 11.48 11.48 11.48 [+]
Employment Change 28.70 14.24 21.3 15.87 15.87 15.87 [+]
Unemployed Persons 1309.30 1317 1325 1329 1429 1469 [+]
Youth Unemployment Rate 13.00 13.09 12.98 11 10 9.18 [+]
Productivity 107.17 109 110 121 144 188 [+]
Labor Force Participation Rate 65.90 65.68 65.6 65.96 65.93 65.77 [+]
Wages 23.73 23.83 23.81 25.07 26.35 35.35 [+]
Wages in Manufacturing 23.84 24.06 23.92 25.53 26.55 32.55 [+]
Labour Costs 113.61 114 114 114 113 113 [+]
Population 35.67 35.83 35.9 37.45 39.85 43.14 [+]
Retirement Age Women 65.00 65 65 65 65 65 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Minimum Wages 11.00 11 11 13 14 18 [+]
Prices Actual Q2/15 Q3/15 2020 2030 2050
Inflation Rate 1.20 1.2 1.3 1.4 1.9 1.21 [+]
Inflation Rate Mom 0.70 -0.14 0.34 0.23 0.48 0.73 [+]
Consumer Price Index CPI 126.30 127 127 146 166 206 [+]
Core Inflation Rate 2.40 2.41 2.38 2.37 2.37 2.37 [+]
Core Consumer Prices 125.20 126 126 138 159 198 [+]
GDP Deflator 112.70 114 114 120 134 184 [+]
Producer Prices 110.20 111 111 135 140 181 [+]
Producer Prices Change -1.60 1.09 1.5 4.23 3.98 0.53 [+]
Export Prices 116.90 119 119 117 117 117 [+]
Import Prices 121.70 123 123 122 122 122 [+]
Food Inflation 3.80 3.74 3.86 3.92 3.96 3.96 [+]
Money Actual Q2/15 Q3/15 2020 2030 2050
Interest Rate 0.75 0.75 0.75 1.5 1.75 2.1 [+]
Interbank Rate 0.75 0.75 0.75 3.05 4.11 4.54 [+]
Money Supply M0 74444.00 75284 76004 90750 117487 166041 [+]
Money Supply M1 759847.00 777066 788967 1036884 1467123 2183816 [+]
Money Supply M2 1309940.00 1329190 1343015 1455813 1471446 1471743 [+]
Money Supply M3 1931120.00 1996391 2035982 2715767 3474104 4021663 [+]
Central Bank Balance Sheet 92708.00 92862 93012 92995 92995 92995 [+]
Foreign Exchange Reserves 77681.00 77268 77459 75610 75485 74777 [+]
Loans to Private Sector 241285.00 243911 245661 255754 255938 255938 [+]
Foreign Stock Investment 9270.00 1169 1169 3064 3003 3175 [+]
Banks Balance Sheet 4683469.00 4686566 4835467 9230374 19396043 12607073 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade -984.00 -941 -512 597 838 5203 [+]
Exports 43521.00 43460 43543 45745 48928 54295 [+]
Imports 44505.00 44402 44054 45148 48090 49092 [+]
Current Account -13917.00 -10797 -11109 -9643 -9538 -9536 [+]
Current Account to GDP -3.20 -2.84 -2.78 -2.15 -1.75 -1.5 [+]
External Debt 611.88 613 613 550 520 501 [+]
Terms of Trade 96.10 97.02 97.08 94.63 94.63 94.62 [+]
Foreign Direct Investment 17690.00 16431 16763 16712 16712 16712 [+]
Capital Flows -14.00 -35.79 -4.09 -16.23 -16.23 -16.23 [+]
Gold Reserves 2.99 2.99 3 3 3 3 [+]
Crude Oil Production 3678.00 3681 3677 3579 3411 3138 [+]
Government Actual Q2/15 Q3/15 2020 2030 2050
Government Budget -0.30 -0.13 -0.18 0 0.5 0.3 [+]
Government Debt to GDP 89.10 89.04 88.82 80.94 70.99 75.99 [+]
Government Budget Value 2211.00 1766 273 1325 1234 1926 [+]
Government Spending 350813.00 351502 351477 388911 448911 488911 [+]
Credit Rating 98.06 [+]
Business Actual Q2/15 Q3/15 2020 2030 2050
Business Confidence 47.90 50.67 48.98 60 57 58 [+]
Manufacturing PMI 48.90 51.51 52.71 51.45 51.45 51.45 [+]
Industrial Production 3.33 1.88 1.13 3.67 3.71 3.7 [+]
Capacity Utilization 83.60 84.21 84.37 83.85 83.7 83.71 [+]
New Orders 48851766.00 48851766 48851766 52526496 52534109 52534116 [+]
Changes in Inventories 8017.00 -991 -382 2677 2657 2645 [+]
Bankruptcies 229.00 251 260 273 273 273 [+]
Corporate Profits 72234.00 66065 66138 76073 74074 80074 [+]
Car Registrations 111880.00 180634 173357 187152 197149 222149 [+]
Industrial Production Mom 2.52 0.14 0.36 0.21 0.21 0.21 [+]
Leading Economic Index -0.10 0.2 0.19 0.23 0.21 0.2 [+]
Mining Production 4.80 3.34 2.91 2.15 2.15 2.15 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 81.20 83.46 82.62 82.37 82.39 82.38 [+]
Retail Sales MoM 1.70 -0.28 -0.24 0.19 0.44 0.69 [+]
Retail Sales YoY 2.50 3.44 4.71 2.93 2.93 2.93 [+]
Consumer Spending 982885.00 991456 994626 1103276 1403490 1603490 [+]
Disposable Personal Income 1127836.00 1136076 1138558 1249765 1449769 1749769 [+]
Personal Savings 40584.00 39643 39421 36303 38322 56322 [+]
Consumer Credit 531296.00 532656 532764 545308 595603 635607 [+]
Bank Lending Rate 2.85 2.9 2.85 5 6 6.55 [+]
Gasoline Prices 0.85 0.89 0.9 0.82 0.75 0.72 [+]
Private Sector Credit 3441394.00 3503897 3539035 4000284 4239695 4284072 [+]
Retail Sales Ex Autos 2.00 0.18 0.36 0.35 0.35 0.35 [+]
Housing Actual Q2/15 Q3/15 2020 2030 2050
Housing Index 112.40 112 111 121 149 161 [+]
Building Permits 6114612.00 7434522 6201780 6101821 6613365 6613365 [+]
Housing Starts 189.70 178 181 175 176 195 [+]
Taxes Actual Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 26.00 26 26 25.83 25.83 25.83 [+]
Personal Income Tax Rate 29.00 29 29 29 29 29 [+]
Sales Tax Rate 5.00 5 5 5 5 5 [+]
Social Security Rate 12.53 9.69 9.52 7.27 6.73 6.7 [+]
Social Security Rate For Companies 7.58 7.77 7.79 7.69 7.69 7.69 [+]
Social Security Rate For Employees 6.83 6.92 6.92 7.07 7.17 7.2 [+]