Canada | Economic Forecasts | 2015-2050 Outlook


Markets Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Currency 1.25 1.28 1.29 1.26 1.26 1.15 [+]
Government Bond 10Y 1.73 1.85 1.9 1.59 1.69 2 [+]
Stock Market 14682.39 14513 14634 14371 14370 14370 [+]
GDP Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
GDP 1825.10 1971 1981 1992 2008 2325 [+]
GDP Growth Rate -0.10 0.5 0.49 0.53 0.64 1 [+]
GDP Growth Annualized -0.60 1.53 1.15 2.13 2.51 2.45 [+]
GDP Annual Growth Rate 2.06 1.8 1.61 1.22 1.55 3.01 [+]
GDP Constant Prices 1762406.00 1766796 1772229 1779354 1786407 1583359 [+]
Gross National Product 1942356.00 1948836 1962588 1983213 1998713 2060578 [+]
GDP per capita 37519.66 38838 38860 37515 37539 40978 [+]
Gross Fixed Capital Formation 401888.00 395215 393590 393558 393857 464699 [+]
GDP per capita PPP 41888.78 41558 41481 41401 41320 42495 [+]
Gdp From Agriculture 26067.00 26214 26229 26235 26237 26239 [+]
Labour Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Unemployment Rate 6.80 6.5 6.6 7.04 7.1 6.5 [+]
Employed Persons 17953.80 18011 18046 18075 18097 19046 [+]
Full Time Employment 30.90 18.46 9.76 11.04 12.5 12.21 [+]
Employment Change 58.90 24.6 15.13 16.49 16.96 16.5 [+]
Unemployed Persons 1307.60 1317 1319 1320 1321 1329 [+]
Youth Unemployment Rate 13.20 13.29 13.22 13.24 13.22 11 [+]
Productivity 107.59 107 107 107 107 107 [+]
Labor Force Participation Rate 65.90 65.87 65.82 65.83 65.8 65.7 [+]
Wages 23.73 23.73 23.73 23.72 23.72 26.43 [+]
Wages in Manufacturing 24.82 24.57 24.54 24.53 24.52 25.53 [+]
Labour Costs 115.08 116 117 117 118 120 [+]
Population 35.67 35.95 36.03 36.08 36.14 37.67 [+]
Retirement Age Women 65.00 65 65 65 65 65 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Minimum Wages 11.00 11.09 11 11.45 11.53 13 [+]
Prices Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Inflation Rate 0.90 1.3 1.26 1.36 1.43 1.4 [+]
Inflation Rate Mom 0.60 0.34 0.16 0.17 0.17 0.14 [+]
Consumer Price Index CPI 126.90 127 128 128 129 146 [+]
Core Inflation Rate 2.20 2.38 2.49 2.21 2.2 2.2 [+]
Core Consumer Prices 125.50 126 127 127 128 138 [+]
GDP Deflator 112.20 114 114 114 114 120 [+]
Producer Prices 110.10 111 111 111 111 135 [+]
Producer Prices Change -1.30 -0.8 0.2 -0.86 -0.73 4.23 [+]
Export Prices 111.00 111 111 112 112 112 [+]
Import Prices 121.00 120 121 121 121 121 [+]
Food Inflation 3.80 3.86 3.61 3.77 3.76 3.76 [+]
Money Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Interest Rate 0.75 0.75 0.75 0.72 0.77 1.5 [+]
Interbank Rate 0.74 0.75 0.75 0.76 0.76 3.05 [+]
Money Supply M0 75595.00 76584 77334 78083 78831 92080 [+]
Money Supply M1 774677.00 791315 803997 816515 828974 1047520 [+]
Money Supply M2 1322826.00 1341323 1355473 1369329 1383008 1600352 [+]
Money Supply M3 1948344.00 1984168 2010997 2034904 2059451 2390744 [+]
Central Bank Balance Sheet 94733.00 95322 95257 95198 95194 95199 [+]
Foreign Exchange Reserves 77269.00 77246 77137 77080 77014 77153 [+]
Loans to Private Sector 248064.00 252326 253723 254382 254590 273268 [+]
Foreign Stock Investment 12935.00 6448 1349 7282 6719 3064 [+]
Banks Balance Sheet 4510208.00 4524767 4519549 4521916 4506240 4507307 [+]
Trade Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Balance of Trade -2974.00 -3038 -3082 -3001 -3088 -3091 [+]
Exports 41912.00 41226 41021 40858 40713 45745 [+]
Imports 44886.00 45274 45386 45365 45293 45343 [+]
Current Account -17466.00 -16107 -15476 -15648 -15846 -15820 [+]
Current Account to GDP -3.20 -3.79 -3.86 -3.65 -3.44 -2.15 [+]
External Debt 611.88 618 620 620 620 550 [+]
Terms of Trade 91.70 90.86 90.73 90.67 90.64 91.04 [+]
Foreign Direct Investment 6670.00 11603 13265 11129 10387 12219 [+]
Capital Flows -50.00 -35.81 -41.36 -45.89 -44.18 -44.39 [+]
Gold Reserves 2.99 2.99 2.99 2.99 2.99 2.99 [+]
Crude Oil Production 3911.00 3888 3884 3880 3877 3808 [+]
Tourist Arrivals 1687028.00 3630928 3050772 2864287 3066635 3053197 [+]
Government Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Government Budget -0.30 -1.08 -1.39 -1.42 -1.46 0 [+]
Government Debt to GDP 86.51 87.59 87.97 87.78 87.59 80.94 [+]
Government Budget Value -2994.00 132 486 157 38.89 675 [+]
Government Spending 348859.00 348889 348993 349405 349349 388911 [+]
Credit Rating 98.06 [+]
Business Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Business Confidence 62.30 48.98 56.53 56.64 56.68 60 [+]
Manufacturing PMI 51.30 50.75 50.77 49.31 50.44 50.45 [+]
Industrial Production -1.08 -2.18 -1.45 -0.43 0.49 -2.54 [+]
Capacity Utilization 82.70 82.23 82.32 82.41 82.48 82.43 [+]
New Orders 47833103.00 48978984 48707682 48658222 48561269 49010828 [+]
Changes in Inventories 11460.00 9446 7901 7252 6729 6238 [+]
Bankruptcies 309.00 292 293 298 302 243 [+]
Corporate Profits 53256.00 66065 66138 66066 76073 76073 [+]
Car Registrations 192503.00 127549 169427 123868 123505 187152 [+]
Competitiveness Index 5.24 5.33 5.33 5.33 5.33 5.19 [+]
Competitiveness Rank 15.00 11.4 11.4 11.4 11.4 11.38 [+]
Corruption Index 81.00 81.63 81.92 82.35 82.78 88.14 [+]
Corruption Rank 10.00 10 10 10 10 8.27 [+]
Ease of Doing Business 16.00 16.5 15.48 15.43 15.38 15.15 [+]
Industrial Production Mom -5.74 -1.15 0.16 0.08 0.2 0.2 [+]
Leading Economic Index -0.10 0.12 0.16 0.18 0.19 0.23 [+]
Mining Production -6.43 -3.15 -1.02 0.31 1.04 1.73 [+]
Consumer Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Consumer Confidence 84.40 82.91 82.9 82.55 82.13 82.32 [+]
Retail Sales MoM -0.10 0.15 0.05 0.35 0.31 0.31 [+]
Retail Sales YoY 1.70 3.2 3.53 3.81 3.96 4.22 [+]
Consumer Spending 983715.00 990302 994515 1000297 1005888 1103276 [+]
Disposable Personal Income 1146308.00 1162312 1172257 1182373 1191233 1249765 [+]
Personal Savings 57460.00 39421 38403 50203 49504 49672 [+]
Consumer Credit 530902.00 535847 537852 539756 541849 545308 [+]
Bank Lending Rate 2.85 2.85 2.85 3.22 3.33 5 [+]
Gasoline Prices 1.02 0.99 0.99 0.99 0.98 0.88 [+]
Private Sector Credit 3502008.00 3589921 3641336 3692561 3743554 4622341 [+]
Retail Sales Ex Autos -0.60 0.34 0.35 0.35 0.35 0.35 [+]
Housing Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Housing Index 112.50 111 112 113 113 121 [+]
Building Permits 7798872.00 6201780 7250605 7281146 7295202 6101821 [+]
Housing Starts 201.70 198 188 190 192 175 [+]
Home Ownership Rate 67.60 66.93 66.69 66.48 66.29 65.77 [+]
Taxes Actual Q3/15 Q4/15 Q1/16 Q2/16 2020
Corporate Tax Rate 26.50 26 26 30.57 30.57 26.37 [+]
Personal Income Tax Rate 29.00 29 29 29 29 29 [+]
Sales Tax Rate 5.00 5.66 5.66 5.66 5.66 5 [+]
Social Security Rate 14.41 12 12 12 12 14.5 [+]
Social Security Rate For Companies 7.58 6.66 6.66 6.66 6.66 7.69 [+]
Social Security Rate For Employees 6.83 5.43 5.43 5.43 5.43 6.86 [+]



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. 7/5/2015