Canada | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q2/15 Q3/15 2020 2030 2050
Currency 1.22 1.22 1.28 1.15 1.14 1.05 [+]
Government Bond 10Y 1.77 1.7 1.8 2 4 4 [+]
Stock Market 15200.76 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 6.5 7 6.5 [+]
Employed Persons 17894.90 17902 17911 19046 24804 24806 [+]
Full Time Employment 46.90 28.19 37.3 21.28 21.27 21.27 [+]
Employment Change -19.70 14.24 21.3 3.44 3.44 3.44 [+]
Unemployed Persons 1310.20 1318 1327 1329 1429 1469 [+]
Youth Unemployment Rate 13.60 13.24 13.16 11 10 9.18 [+]
Productivity 107.17 109 110 121 144 188 [+]
Labor Force Participation Rate 65.80 65.68 65.6 65.66 65.66 65.66 [+]
Wages 23.87 23.8 23.8 27.7 26.35 35.35 [+]
Wages in Manufacturing 24.29 23.99 23.83 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 0.80 1.2 1.3 1.4 1.9 0.89 [+]
Inflation Rate Mom -0.10 0.14 0.34 0.22 0.47 0.72 [+]
Consumer Price Index CPI 126.20 126 127 146 166 206 [+]
Core Inflation Rate 2.30 2.41 2.38 2.34 2.34 2.34 [+]
Core Consumer Prices 125.20 126 126 138 158 196 [+]
GDP Deflator 112.70 114 114 120 134 184 [+]
Producer Prices 110.60 111 111 135 140 181 [+]
Producer Prices Change -1.80 1.09 1.5 4.23 3.98 0.49 [+]
Export Prices 113.30 112 112 113 113 113 [+]
Import Prices 122.50 123 123 123 123 123 [+]
Food Inflation 3.60 3.74 3.86 4.14 4.13 4.13 [+]
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 0.74 0.75 0.75 3.05 4.11 4.54 [+]
Money Supply M0 74915.00 75548 76294 91401 118788 168500 [+]
Money Supply M1 768635.00 783055 795080 1064791 1538253 2345897 [+]
Money Supply M2 1315244.00 1329012 1342738 1454539 1469952 1470243 [+]
Money Supply M3 1942113.00 1979384 2017290 2666783 3375056 3865402 [+]
Central Bank Balance Sheet 93693.00 93813 94122 94010 94010 94010 [+]
Foreign Exchange Reserves 77843.00 77521 77717 75900 76375 75964 [+]
Loans to Private Sector 244980.00 248035 250540 268894 269407 269408 [+]
Foreign Stock Investment 22470.00 1169 1169 3064 3003 3175 [+]
Banks Balance Sheet 4663303.00 4768086 4915155 5129399 5150082 5150062 [+]
Trade Actual Q2/15 Q3/15 2020 2030 2050
Balance of Trade -3019.00 -3074 -2644 348 838 5203 [+]
Exports 42497.00 42222 42459 45745 48928 54295 [+]
Imports 45516.00 45296 45103 45397 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 85253.80 5366 825 219239 244444 245140 [+]
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 2.99 2.98 2.98 2.98 [+]
Crude Oil Production 3859.00 3805 3803 3713 3560 3306 [+]
Tourist Arrivals 1448990.00 3222278 3550933 3055271 3055272 3055272 [+]
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 4626.00 1843 347 2987 2987 2987 [+]
Government Spending 350813.00 351502 351477 388911 448911 488911 [+]
Credit Rating 98.06 [+]
Business Actual Q2/15 Q3/15 2020 2030 2050
Business Confidence 58.20 50.67 48.98 60 57 58 [+]
Manufacturing PMI 49.00 51.51 52.71 50.08 50.07 50.07 [+]
Industrial Production 1.35 0.51 -0.1 2.85 2.96 2.95 [+]
Capacity Utilization 83.60 84.21 84.37 83.85 83.7 83.71 [+]
New Orders 50814491.00 48851766 48851766 52526496 52534109 52534116 [+]
Changes in Inventories 8017.00 -991 -382 2677 2657 2645 [+]
Bankruptcies 118.81 211 235 -101 -104 -104 [+]
Corporate Profits 72234.00 66065 66138 76073 74074 80074 [+]
Car Registrations 164251.00 180634 173357 187152 197149 222149 [+]
Industrial Production Mom 3.95 -0.23 -0.01 0.21 0.21 0.21 [+]
Leading Economic Index 0.00 0.18 0.18 0.23 0.21 0.2 [+]
Mining Production 0.28 0.81 1.24 2.03 2.03 2.03 [+]
Consumer Actual Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 732.90 803 926 505 368 431 [+]
Retail Sales MoM 0.70 -0.28 -0.24 0.2 0.45 0.7 [+]
Retail Sales YoY 3.10 3.44 4.71 3.91 2.78 3.72 [+]
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 529908.00 528071 526220 545308 595603 635607 [+]
Bank Lending Rate 2.85 2.9 2.85 5 6 6.55 [+]
Gasoline Prices 0.92 0.93 0.92 0.87 0.8 0.74 [+]
Private Sector Credit 3449960.00 3492319 3521788 3898924 4079636 4108821 [+]
Retail Sales Ex Autos 0.50 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 6867103.00 7434522 6201780 6101821 6585892 6585892 [+]
Housing Starts 181.81 178 181 175 219 195 [+]
Taxes Actual Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 26.50 26 26 26.47 26.47 26.47 [+]
Personal Income Tax Rate 29.00 29 29 29 29 29 [+]
Sales Tax Rate 5.00 5 5 5 5 5 [+]
Social Security Rate 14.41 14.41 14.42 14.41 14.42 14.42 [+]
Social Security Rate For Companies 7.58 7.58 7.58 7.58 7.58 7.58 [+]
Social Security Rate For Employees 6.83 6.83 6.83 6.83 6.83 6.83 [+]