Canada | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q4/14 Q1/15 2020 2030 2050
Currency 1.16 1.13 1.11 1.11 1.08 1.03 [+]
Government Bond 10Y 1.86 2 1.82 3.5 4 1.69 [+]
Stock Market 14346.75 14597 14679 16779 20430 27734 [+]
GDP Actual Q4/14 Q1/15 2020 2030 2050
GDP 1825.10 1828 1828 1829 1829 1829 [+]
GDP Growth Rate 0.70 0.5 0.9 0.79 0.76 0.7 [+]
GDP Growth Annualized 2.80 3.03 3.07 2.94 2.95 2.95 [+]
GDP Annual Growth Rate 2.59 1.95 2.67 2.59 2.55 2.55 [+]
GDP Constant Prices 1754476.00 1769111 1785230 2089225 2472687 2891832 [+]
Gross National Product 1962696.00 1949888 2009348 2025931 1987567 1891119 [+]
GDP per capita 37519.66 37745 37781 37978 37982 37982 [+]
Gross Fixed Capital Formation 409151.00 412280 413495 413770 413770 413770 [+]
GDP per capita PPP 41888.78 42153 42199 42495 42508 42508 [+]
Labour Actual Q4/14 Q1/15 2020 2030 2050
Unemployment Rate 6.60 6.72 6.61 6.95 6.96 6.91 [+]
Employed Persons 17957.90 17981 18019 18169 18170 18170 [+]
Full Time Employment 5.70 24.81 31.62 24.9 24.9 24.9 [+]
Employment Change -10.70 21.96 28.37 22.17 22.17 22.17 [+]
Unemployed Persons 1278.60 1271 1247 1232 1232 1232 [+]
Youth Unemployment Rate 13.00 12.99 12.85 13.35 13.23 12.95 [+]
Productivity 107.43 109 110 107 104 101 [+]
Labor Force Participation Rate 66.00 65.91 65.83 65.83 65.83 65.83 [+]
Wages 23.58 23.42 23.54 23.91 23.91 23.91 [+]
Wages in Manufacturing 23.99 24 24.14 24.11 24.12 24.12 [+]
Labour Costs 113.62 114 114 114 114 114 [+]
Population 35.35 35.37 35.71 37.2 39.28 42.04 [+]
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 11 11 11 [+]
Prices Actual Q4/14 Q1/15 2020 2030 2050
Inflation Rate 2.00 2.48 2.69 2.38 2.34 2.34 [+]
Inflation Rate Mom -0.40 -0.35 0.12 -0.34 -0.34 -0.34 [+]
Consumer Price Index CPI 125.90 126 127 138 157 191 [+]
Core Inflation Rate 2.10 2.26 2.6 2.34 2.33 2.33 [+]
Core Consumer Prices 124.10 124 125 137 157 193 [+]
GDP Deflator 113.50 114 115 114 114 114 [+]
Producer Prices 110.80 110 110 110 110 110 [+]
Producer Prices Change 2.50 1.8 3 4.23 3.98 2.95 [+]
Export Prices 114.70 115 115 114 114 114 [+]
Import Prices 119.00 119 120 119 119 119 [+]
Food Inflation 2.80 3.28 3.59 2.88 2.98 2.98 [+]
Money Actual Q4/14 Q1/15 2020 2030 2050
Interest Rate 1.00 1 0.9 3 3 3.95 [+]
Interbank Rate 1.00 1.5 0.94 1.67 3.1 5.97 [+]
Money Supply M0 72709.00 73118 73792 88834 113700 158863 [+]
Money Supply M1 748798.00 759980 762863 948549 1200921 1521355 [+]
Money Supply M2 1293210.00 1306637 1326635 1526935 1562374 1563822 [+]
Money Supply M3 1876393.00 1897513 1931013 2586864 3289081 3863074 [+]
Central Bank Balance Sheet 92036.00 91628 91416 91413 91413 91413 [+]
Foreign Exchange Reserves 74111.00 75048 75441 73607 72558 73374 [+]
Loans to Private Sector 234225.00 236322 238158 246376 246458 246459 [+]
Foreign Stock Investment 9530.00 6554 10228 6541 6541 6541 [+]
Banks Balance Sheet 4276678.00 4302045 4355460 4374644 4371403 4371402 [+]
Trade Actual Q4/14 Q1/15 2020 2030 2050
Balance of Trade 100.00 1003 1098 545 673 665 [+]
Exports 44916.90 46423 47011 45624 45579 45577 [+]
Imports 44818.00 45420 45913 45079 44907 44912 [+]
Current Account -8401.00 -6862 -5814 -8060 -8167 -8169 [+]
Current Account to GDP -3.20 -3.12 -3.12 -3.15 -3.15 -3.15 [+]
External Debt 611.88 613 614 622 627 629 [+]
Terms of Trade 96.40 96.38 96.33 96.72 96.63 96.63 [+]
Foreign Direct Investment 1951.00 2240 2108 2180 2180 2180 [+]
Capital Flows -4.00 -8.99 -23 -7.7 -7.7 -7.7 [+]
Gold Reserves 2.99 2.99 2.99 2.98 2.98 2.98 [+]
Crude Oil Production 3408.00 3416 3417 3296 3115 2837 [+]
Government Actual Q4/14 Q1/15 2020 2030 2050
Government Budget -1.00 -0.61 -0.59 -0.48 -0.48 -0.48 [+]
Government Debt to GDP 89.10 89.86 90 90.94 90.99 90.99 [+]
Government Budget Value 379.00 1458 -2622 1202 753 1431 [+]
Government Spending 348758.00 348850 348818 348825 348825 348825 [+]
Credit Rating 98.06 [+]
Business Actual Q4/14 Q1/15 2020 2030 2050
Business Confidence 56.90 47.41 58.31 47.61 47.61 47.61 [+]
Manufacturing PMI 55.30 53.83 53 53.92 53.92 53.92 [+]
Industrial Production 3.70 4.61 4.47 4.21 4.28 4.29 [+]
Capacity Utilization 83.40 83.72 83.95 83.41 83.3 83.3 [+]
New Orders 54008603.00 53463128 53752381 52958375 52952333 52952237 [+]
Changes in Inventories 647.00 -203 -2310 2875 2548 2530 [+]
Bankruptcies 250.00 254 337 266 266 266 [+]
Corporate Profits 70991.00 66065 66138 66073 66074 66074 [+]
Car Registrations 159144.00 158451 197892 164560 164559 164559 [+]
Leading Economic Index 0.40 0.21 0.23 0.21 0.21 0.21 [+]
Consumer Actual Q4/14 Q1/15 2020 2030 2050
Consumer Confidence 84.40 84.51 84.27 83.4 83.37 83.36 [+]
Retail Sales MoM 0.00 0.19 0.48 0.18 0.18 0.18 [+]
Retail Sales YoY 4.90 5.4 5.6 5.24 5.24 5.24 [+]
Consumer Spending 978496.00 985764 991023 1016025 1016300 1016300 [+]
Disposable Personal Income 1125660.00 1132974 1139013 1153022 1153028 1153028 [+]
Personal Savings 43800.00 39844 38992 37829 49338 48247 [+]
Consumer Credit 529885.00 534740 539322 579888 584831 584941 [+]
Bank Lending Rate 3.00 3.5 3.12 3.01 2.95 2.97 [+]
Private Sector Credit 3394993.00 3453654 3511858 4380249 4863447 4991070 [+]
Retail Sales Ex Autos 0.20 0.35 0.38 0.36 0.36 0.36 [+]
Housing Actual Q4/14 Q1/15 2020 2030 2050
Housing Index 112.10 112 113 112 112 112 [+]
Building Permits 7533926.00 7718143 7996972 7872099 7871261 7871261 [+]
Housing Starts 195.62 186 191 186 186 186 [+]
Taxes Actual Q4/14 Q1/15 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 [+]





This page includes economic forecasts for Canada. 12/19/2014