Canada | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
GDP Growth Rate 0.20 0.4 0.6 0.5 0.5 0.5 percent [+]
Unemployment Rate 7.10 7.1 7.2 7.1 7.2 6.7 percent [+]
Inflation Rate 1.70 1.7 1.9 2.1 2.1 2.9 percent [+]
Interest Rate 0.50 0.5 0.5 0.25 0.25 2 percent [+]
Balance of Trade -3414.00 -2796 -1495 -1998 -1998 -1585 CAD Million [+]
Government Debt to GDP 86.51 87.3 87.5 87.7 87.7 89.3 percent [+]
MARKETS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Currency 1.29 1.3 1.31 1.32 1.33 0.76 [+]
Stock Market 14079.00 13500 13100 12700 12400 17200 points [+]
Government Bond 10Y 1.39 1.26 1.3 1.36 1.43 1.86 percent [+]
GDP Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
GDP Growth Rate 0.20 0.4 0.6 0.5 0.5 0.5 percent [+]
GDP Annual Growth Rate 0.50 1.1 1.2 1.4 1.6 2.7 percent [+]
GDP Growth Annualized 0.80 1.7 1.8 1.9 2 2.3 percent [+]
GDP 1785.39 1900 1926 1929 1930 2165 USD Billion [+]
GDP Constant Prices 1775743.00 1780014 1791835 1802914 1814977 1918098 CAD Million [+]
Gross National Product 1974612.00 2002039 2016225 2028370 2041710 2237800 CAD Million [+]
Gross Fixed Capital Formation 384191.00 401997 402178 377876 378440 425279 CAD Million [+]
GDP per capita 38293.28 38873 38881 38575 38637 39526 USD [+]
GDP per capita PPP 42816.51 42571 42736 42902 42991 44204 USD [+]
GDP From Agriculture 26037.00 25462 25440 25438 25438 30467 CAD Million [+]
GDP From Construction 117863.00 117682 117688 117611 117595 120352 CAD Million [+]
GDP From Manufacturing 178010.00 180428 180996 181237 181342 179945 CAD Million [+]
GDP From Mining 135461.00 135619 135682 135716 135732 135558 CAD Million [+]
GDP From Public Administration 107353.00 106715 106378 106055 105744 111384 CAD Million [+]
GDP From Services 1173973.00 1181077 1186481 1191869 1197254 1333294 CAD Million [+]
GDP From Transport 73914.00 74396 74750 75102 75454 82173 CAD Million [+]
GDP From Utilities 37561.00 37529 37544 37545 37545 39163 CAD Million [+]
LABOUR Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Unemployment Rate 7.10 7.1 7.2 7.1 7.2 6.7 percent [+]
Employed Persons 18041.40 18060 18081 18097 18111 18124 Thousand [+]
Unemployed Persons 1383.20 1381 1379 1377 1387 1387 Thousand [+]
Part Time Employment 0.40 3.55 3.85 4.02 3.98 3.98 Thousand [+]
Full Time Employment -2.40 4.9 9.4 10.75 11.5 12.02 Thousand [+]
Employment Change -2.10 12.72 15.59 15.84 16.21 16.54 Thousand [+]
Labor Force Participation Rate 65.80 65.9 66 66.1 66 67 percent [+]
Youth Unemployment Rate 13.10 13.5 13.7 13.6 13.2 11.8 percent [+]
Labour Costs 115.77 116 117 117 118 123 Index Points [+]
Productivity 106.38 106 106 107 107 106 Index Points [+]
Wages 24.03 23.76 23.76 23.75 23.75 25.53 CAD/Hour [+]
Wages in Manufacturing 25.26 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 36.1 36.14 36.19 36.26 37.21 Million [+]
Retirement Age Women 65.00 65 65 65 65 65 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Non Farm Payrolls 15865.60 15872 15886 15930 16099 16856 Thousand [+]
Job Vacancies 352610.00 347144 346396 346626 346555 346572 [+]
Employment Rate 61.10 61.1 61 61.1 60.9 62.2 percent [+]
PRICES Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Inflation Rate 1.70 1.7 1.9 2.1 2.1 2.9 percent [+]
Inflation Rate Mom 0.30 0.2 0.5 0.4 0.4 0.2 percent [+]
Consumer Price Index CPI 128.30 128 130 131 131 152 Index Points [+]
Core Consumer Prices 127.90 128 130 131 131 154 Index Points [+]
Core Inflation Rate 2.20 2.1 2.2 2 2 2.9 percent [+]
GDP Deflator 112.40 113 114 114 114 119 Index Points [+]
Producer Prices 108.30 109 110 111 111 120 Index Points [+]
Producer Prices Change -2.10 -1 -0.6 -0.1 0.6 2.1 percent [+]
Export Prices 110.10 109 109 109 109 126 Index Points [+]
Import Prices 125.40 125 124 124 124 139 Index Points [+]
Food Inflation 3.60 3.5 3.3 3.6 3.6 4.4 percent [+]
Cpi Transportation 127.80 124 126 126 121 136 Index Points [+]
MONEY Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Interest Rate 0.50 0.5 0.5 0.25 0.25 2 percent [+]
Interbank Rate 0.91 0.9 0.8 0.8 0.8 2.1 percent [+]
Money Supply M0 80709.00 81770 83003 84253 85520 106815 CAD Million [+]
Money Supply M1 830792.00 851059 867604 884493 901728 1205293 CAD Million [+]
Money Supply M2 1402387.00 1430255 1454109 1478134 1502359 1903117 CAD Million [+]
Money Supply M3 2097851.00 2155345 2194549 2234495 2275193 2984589 CAD Million [+]
Central Bank Balance Sheet 100534.00 100770 101733 102716 102716 127321 CAD Million [+]
Banks Balance Sheet 5049068.00 5253911 5390745 5141130 5657491 7833288 CAD Million [+]
Foreign Exchange Reserves 83922.00 83868 83785 83783 83782 83782 USD Million [+]
Loans to Private Sector 334758.00 338754 352420 355469 340724 382863 CAD Million [+]
Deposit Interest Rate 0.10 0.3 0.3 0.3 0.3 1.5 percent [+]
Foreign Stock Investment 17169.00 6887 8504 8123 8203 8191 CAD Million [+]
TRADE Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Balance of Trade -3414.00 -2796 -1495 -1998 -1998 -1585 CAD Million [+]
Exports 40990.00 40818 40453 40359 40336 47476 CAD Million [+]
Imports 44404.00 42973 44202 44111 44072 49790 CAD Million [+]
Current Account -15379.00 -16090 -16100 -15867 -15931 -15923 CAD Million [+]
Current Account to GDP -2.10 -2.9 -2.9 -2.9 -2.9 -1.7 percent [+]
External Debt 612.33 616 616 618 619 628 CAD Billion [+]
Terms of Trade 87.80 87.5 87.45 87.44 87.44 94.74 Index Points [+]
Foreign Direct Investment 8894.00 19633 23243 18081 17720 19899 CAD Million [+]
Capital Flows -2.00 -5 -4 -6 90 -8 CAD Million [+]
Gold Reserves 1.70 0 0 0 0 0 Tonnes [+]
Crude Oil Production 3724.00 3759 3756 3765 3757 3760 BBL/D/1K [+]
Terrorism Index 2.30 2.3 2.3 2.3 2.3 2.3 [+]
Tourist Arrivals 1719281.00 2530534 2322032 1963281 2171132 2181079 [+]
GOVERNMENT Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Government Debt to GDP 86.51 87.3 87.5 87.7 87.7 89.3 percent [+]
Government Budget -0.30 0.2 0.2 0.2 0.2 -0.7 percent of GDP [+]
Government Budget Value 3205.00 116 1193 108 780 -312 CAD Million [+]
Government Spending 345955.00 346813 348285 348294 349275 356947 CAD Million [+]
Government Revenues 26648.00 21570 24540 24607 24592 24588 CAD Million [+]
Fiscal Expenditure 21764.00 21294 21637 21631 21630 21630 CAD Million [+]
Asylum Applications 1384.00 1384 1384 1384 1384 1384 Persons [+]
BUSINESS Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Business Confidence 53.10 51.62 54.1 53.39 53.39 62.4 [+]
Manufacturing PMI 52.20 50.95 51.76 50.27 50.27 51 [+]
Industrial Production 1.00 1.8 1.6 1.1 1.5 0.73 percent [+]
Industrial Production Mom 1.50 0.1 0.3 0.1 0.2 0.5 percent [+]
Manufacturing Production -1.10 1.46 2.17 1.3 1.3 3.1 percent [+]
Capacity Utilization 81.10 80.7 80.8 80.5 80.6 83 percent [+]
New Orders 47307584.00 48245070 48398019 48356478 48369077 48365104 CAD THO [+]
Changes in Inventories -4017.00 -257 2156 3603 4625 5453 CAD Million [+]
Bankruptcies 273.00 260 234 246 255 255 Companies [+]
Corporate Profits 56770.00 60073 54000 55891 54557 70063 CAD Million [+]
Car Registrations 178172.00 181422 148727 158048 164225 159978 Thousand [+]
Leading Economic Index -0.10 0.17 0.15 0.14 0.14 0.14 percent [+]
Mining Production -3.22 1.2 0.7 1.01 1.27 1.7 percent [+]
Steel Production 1100.00 1090 1083 1078 1076 1073 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 Q2/16 Q3/16 Q4/16 Q1/17 2020
Consumer Confidence 84.40 77 76 75 79 89 [+]
Retail Sales MoM -1.00 0.4 0.1 0.3 0.3 0.3 percent [+]
Retail Sales YoY 3.20 2.44 4.02 4.14 4.21 4.32 percent [+]
Retail Sales Ex Autos -0.30 0.2 0.4 0.3 0.23 0.3 percent [+]
Consumer Spending 1004848.00 10117582 1018582 1019345 1021736 1111582 CAD Million [+]
Disposable Personal Income 1131400.00 1135509 1139736 1145131 1149163 1226167 CAD Million [+]
Personal Savings 4.00 4.2 4.1 4.08 4.1 5 percent [+]
Consumer Credit 544939.00 553973 559234 566293 569293 613630 CAD Million [+]
Private Sector Credit 3669664.00 3720750 3762391 3805194 3848379 4485573 CAD Million [+]
Bank Lending Rate 2.70 2.7 2.7 2.7 2.7 3.7 percent [+]
Households Debt To Gdp 96.00 98.2 98.54 99.06 99.24 101 percent of GDP [+]
Households Debt To Income 167.60 168 169 170 170 176 percent [+]
Gasoline Prices 0.82 0.75 0.72 0.71 0.58 1.15 USD/Liter [+]
HOUSING Actual Q2/16 Q3/16 Q4/16 Q1/17 2020
Building Permits 6858641.00 6001182 6932651 6938607 6937963 6936400 CAD Thousand [+]
Housing Starts 191.50 194 194 194 194 194 Thousand [+]
Housing Index 114.60 115 116 116 116 125 Index Points [+]
Home Ownership Rate 66.50 66 66 66 66.91 63 percent [+]
TAXES Actual Q2/16 Q3/16 Q4/16 Q1/17 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. 5/26/2016