Canada | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 1.24 1.22 1.24 1.32 1.19 1.07 [+]
Government Bond 10Y 1.30 1.5 1.6 1.7 4 4 [+]
Stock Market 15234.34 14300 14400 15700 17300 19000 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 1825.10 1950 1951 2325 2843 3216 [+]
GDP Growth Rate 0.70 0.5 0.9 0.79 0.76 0.7 [+]
GDP Growth Annualized 2.80 3.02 3.2 2.89 2.89 2.89 [+]
GDP Annual Growth Rate 2.59 1.95 2.67 2.59 2.55 2.55 [+]
GDP Constant Prices 1754476.00 1776349 1787353 2005235 2330016 2767073 [+]
Gross National Product 1962696.00 1999115 2014338 2060578 2219153 2601107 [+]
GDP per capita 37519.66 38781 38812 40978 45982 48982 [+]
Gross Fixed Capital Formation 409151.00 413954 414548 464699 564699 684699 [+]
GDP per capita PPP 41888.78 42153 42199 42495 47508 55508 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 6.60 6.59 6.5 6 6.62 6.62 [+]
Employed Persons 17886.90 17910 17939 19046 248046 24806 [+]
Full Time Employment -11.80 23.15 29.27 20.01 20 20 [+]
Employment Change 35.40 19.41 26.62 15.84 15.84 15.84 [+]
Unemployed Persons 1261.50 1248 1239 1329 1429 1469 [+]
Youth Unemployment Rate 12.80 13 13.18 11 10 9.18 [+]
Productivity 107.43 109 110 130 166 235 [+]
Labor Force Participation Rate 65.70 65.64 65.56 65.41 65.41 65.41 [+]
Wages 23.85 23.79 23.83 24.89 26.35 35.35 [+]
Wages in Manufacturing 24.17 24.68 24.97 25.53 26.55 32.55 [+]
Labour Costs 113.62 114 114 114 113 113 [+]
Population 35.67 35.75 35.83 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 Q1/15 Q2/15 2020 2030 2050
Inflation Rate 1.00 1.17 1.2 1.4 1.9 1.74 [+]
Inflation Rate Mom -0.20 -0.14 -0.34 0.19 0.44 0.69 [+]
Consumer Price Index CPI 124.30 124 125 133 145 168 [+]
Core Inflation Rate 2.20 2.57 2.71 2.41 2.4 2.4 [+]
Core Consumer Prices 124.60 125 125 137 157 194 [+]
GDP Deflator 113.50 115 115 120 134 184 [+]
Producer Prices 108.50 107 107 135 140 181 [+]
Producer Prices Change -0.50 3 4 4.23 3.98 0.72 [+]
Export Prices 111.90 111 111 112 112 112 [+]
Import Prices 118.50 118 118 118 118 118 [+]
Food Inflation 4.60 4.25 4.5 3.57 3.67 3.67 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 0.75 0.75 0.75 3 4 4.5 [+]
Interbank Rate 0.75 0.75 0.75 3.05 4.11 4.54 [+]
Money Supply M0 73704.00 74104 74798 89588 115191 161749 [+]
Money Supply M1 753822.00 760306 773249 1018735 1419126 2068701 [+]
Money Supply M2 1301350.00 1309553 1319370 1401677 1410307 1410431 [+]
Money Supply M3 1914030.00 1940283 1977165 2648061 3323626 3772476 [+]
Central Bank Balance Sheet 93335.00 93399 93362 93382 93382 93382 [+]
Foreign Exchange Reserves 74837.00 74818 73823 74585 74216 73362 [+]
Loans to Private Sector 241453.00 244473 247570 264155 264502 264502 [+]
Foreign Stock Investment -13550.00 2019 -1169 -1356 -1356 -1356 [+]
Banks Balance Sheet 4427078.00 4441960 4513161 4595629 4597415 4597451 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade -650.00 10.6 -376 -260 -163 -167 [+]
Exports 44055.40 45458 45440 44767 44750 44750 [+]
Imports 44703.90 45448 45816 45027 44913 44917 [+]
Current Account -8401.00 -6393 -6480 -8233 -8298 -8300 [+]
Current Account to GDP -3.20 -3.12 -3.12 -2.15 -1.75 -1.5 [+]
External Debt 611.88 614 614 550 520 501 [+]
Terms of Trade 94.40 94.93 94.36 96.8 96.19 96.53 [+]
Foreign Direct Investment 1951.00 2106 2187 2155 2155 2155 [+]
Capital Flows -4.00 -8.99 -23 -7.7 -7.7 -7.7 [+]
Gold Reserves 2.99 2.99 2.99 3 3 3 [+]
Crude Oil Production 3677.00 3614 3610 3506 3338 3069 [+]
Government Actual Q1/15 Q2/15 2020 2030 2050
Government Budget -0.30 0.13 0.19 0 0.5 0.3 [+]
Government Debt to GDP 89.10 89.86 90 80.94 70.99 75.99 [+]
Government Budget Value 2427.00 -2854 568 1254 1254 1254 [+]
Government Spending 348758.00 348901 348916 388911 448911 488911 [+]
Credit Rating 98.06 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 45.40 48.21 50.67 49.8 49.8 49.8 [+]
Manufacturing PMI 51.00 52.79 54.23 53.87 53.87 53.87 [+]
Industrial Production 2.20 3.75 3.52 3.8 3.83 3.83 [+]
Capacity Utilization 83.40 84.09 84.03 83.51 83.32 83.33 [+]
New Orders 52618954.00 52586589 52331337 52256326 52263314 52263308 [+]
Changes in Inventories 647.00 -2625 -2052 2663 2358 2340 [+]
Bankruptcies 241.00 354 291 302 303 303 [+]
Corporate Profits 72234.00 66065 66138 76073 74074 80074 [+]
Car Registrations 135075.00 151187 180634 187152 197149 22149 [+]
Leading Economic Index -0.20 0.21 0.21 0.21 0.21 0.21 [+]
Mining Production 4.26 3.4 2.91 2.1 2.1 2.1 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence 84.40 83.43 83.22 82.8 82.73 82.73 [+]
Retail Sales MoM -2.00 -0.28 -0.24 0.19 0.44 0.69 [+]
Retail Sales YoY 4.00 4.76 4.71 4.64 4.65 4.65 [+]
Consumer Spending 978496.00 990379 994662 1103276 1403490 1603490 [+]
Disposable Personal Income 1125660.00 1137642 1140842 1249765 1449769 1749769 [+]
Personal Savings 43800.00 41260 42699 49074 40861 45276 [+]
Consumer Credit 533367.00 537496 540987 570662 573998 574051 [+]
Bank Lending Rate 2.85 2.85 2.9 5 6 6.55 [+]
Private Sector Credit 3432276.00 3484300 3532965 4238086 4646292 4749312 [+]
Retail Sales Ex Autos -2.30 0.18 0.4 0.35 0.35 0.35 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index 112.30 113 113 121 149 161 [+]
Building Permits 7106972.00 7550932 7434522 6101821 7044919 7500398 [+]
Housing Starts 187.27 188 193 175 185 195 [+]
Taxes Actual Q1/15 Q2/15 2020 2030 2050
Corporate Tax Rate 26.00 25.92 25.9 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 10.02 9.79 7.27 6.73 6.7 [+]
Social Security Rate For Companies 7.58 7.66 7.66 7.69 7.69 7.69 [+]
Social Security Rate For Employees 6.83 6.91 6.92 7.07 7.17 7.2 [+]