Canada | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Growth Rate 0.60 1.5 0.2 0.4 0.5 0.6 percent [+]
Unemployment Rate 6.90 6.8 6.9 7.1 7 6.7 percent [+]
Inflation Rate 1.30 1.6 1.5 1.7 1.8 2.9 percent [+]
Interest Rate 0.50 0.5 0.25 0.25 0.25 2 percent [+]
Balance of Trade -3632.40 -2600 -3100 -3500 -3600 -3310 CAD Million [+]
Government Debt to GDP 91.50 92.5 92.5 93.1 93.1 90 percent [+]
MARKETS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Currency 1.30 1.31 1.33 1.34 1.35 1.56 [+]
Stock Market 14637.00 14600 14400 14300 14100 11800 points [+]
Government Bond 10Y 1.09 1.03 1.04 1.05 1.06 1.22 percent [+]
GDP Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
GDP Growth Rate 0.60 1.5 0.2 0.4 0.5 0.6 percent [+]
GDP Annual Growth Rate 1.10 1.3 1.5 1.1 1.1 2 percent [+]
GDP Growth Annualized 2.40 2.2 2 1.9 1.8 2.3 percent [+]
GDP 1550.54 1530 1530 1600 1600 2160 USD Billion [+]
GDP Constant Prices 1782972.00 1800000 1810000 1820000 1830000 1940000 CAD Million [+]
Gross National Product 1970512.00 1990000 2000000 2020000 2030000 2200000 CAD Million [+]
Gross Fixed Capital Formation 379005.00 372000 371000 374000 379000 425000 CAD Million [+]
GDP per capita 50000.56 50900 50900 51300 51300 53000 USD [+]
GDP per capita PPP 42890.88 43100 43100 43250 43250 45280 USD [+]
GDP From Agriculture 26157.00 26209 26284 26356 26396 30500 CAD Million [+]
GDP From Construction 114970.00 114217 114032 113937 113904 120000 CAD Million [+]
GDP From Manufacturing 171247.00 168929 168283 168007 167890 180000 CAD Million [+]
GDP From Mining 121255.00 122579 122585 122583 122583 136000 CAD Million [+]
GDP From Public Administration 109330.00 109242 109285 109327 109369 111000 CAD Million [+]
GDP From Services 1182394.00 1189818 1195420 1201021 1206616 1330000 CAD Million [+]
GDP From Transport 72790.00 73756 74309 74805 75307 82200 CAD Million [+]
GDP From Utilities 37776.00 37994 38006 38008 38008 39200 CAD Million [+]
LABOUR Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Unemployment Rate 6.90 6.8 6.9 7.1 7 6.7 percent [+]
Employed Persons 18023.30 18015 18003 17994 17986 18100 Thousand [+]
Unemployed Persons 1344.80 1380 1390 1410 1380 1340 Thousand [+]
Part Time Employment 40.20 -1.47 5.1 3.99 4.03 4.04 Thousand [+]
Full Time Employment -71.40 -0.85 5.18 7.59 9.92 12.03 Thousand [+]
Employment Change -31.20 -0.95 8.43 12.06 14.2 16.36 Thousand [+]
Labor Force Participation Rate 65.40 65.5 65.4 65.6 65.8 67 percent [+]
Youth Unemployment Rate 13.30 13.7 13.6 13.6 13.6 11.8 percent [+]
Labour Costs 115.83 117 117 117 117 123 Index Points [+]
Productivity 106.33 106 107 107 107 111 Index Points [+]
Wages 23.65 23.76 23.76 23.75 23.75 25.53 CAD/Hour [+]
Wages in Manufacturing 24.05 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 36.18 36.23 36.3 36.38 37.32 Million [+]
Retirement Age Women 65.00 65 65 65 65 65 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Job Vacancies 352610.00 346396 346626 346555 346577 346572 [+]
Non Farm Payrolls 15888.50 15900 15900 15900 15900 16000 Thousand [+]
Employment Rate 60.90 61 61.1 61.1 61.1 62.2 percent [+]
PRICES Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Inflation Rate 1.30 1.6 1.5 1.7 1.8 2.9 percent [+]
Inflation Rate Mom -0.20 0.5 0.3 0.3 0.4 0.2 percent [+]
Consumer Price Index CPI 128.90 130 131 132 133 152 Index Points [+]
Core Consumer Prices 128.60 130 130 131 131 154 Index Points [+]
Core Inflation Rate 2.10 2.1 2 2 2 2.2 percent [+]
GDP Deflator 112.10 113 113 113 114 117 Index Points [+]
Producer Prices 110.00 110 111 111 111 120 Index Points [+]
Producer Prices Change -0.80 -0.9 -0.8 -0.5 -0.1 2.1 percent [+]
Export Prices 113.10 113 113 113 113 126 Index Points [+]
Import Prices 126.80 126 126 126 126 139 Index Points [+]
Food Inflation 1.60 2.1 2.6 3.1 3.6 4.4 percent [+]
Cpi Transportation 128.90 126 126 126 126 136 Index Points [+]
MONEY Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Interest Rate 0.50 0.5 0.25 0.25 0.25 2 percent [+]
Interbank Rate 0.90 0.8 0.8 0.8 0.8 2.1 percent [+]
Money Supply M0 81994.00 82978 84175 85390 86621 105809 CAD Million [+]
Money Supply M1 844633.00 864054 880699 897689 915025 1196754 CAD Million [+]
Money Supply M2 1426802.00 1453366 1477131 1501075 1525228 1896907 CAD Million [+]
Money Supply M3 2164999.00 2202992 2244549 2286924 2330128 3029852 CAD Million [+]
Central Bank Balance Sheet 105066.00 102000 103000 103000 103000 127000 CAD Million [+]
Banks Balance Sheet 5025596.00 5108103 5140000 5140000 5140000 7070047 CAD Million [+]
Foreign Exchange Reserves 82904.00 82872 82919 82918 82918 82918 USD Million [+]
Loans to Private Sector 329847.00 352000 355000 355000 355000 383000 CAD Million [+]
Deposit Interest Rate 0.10 0.3 0.3 0.3 0.3 1.5 percent [+]
Foreign Stock Investment 9017.00 9246 9485 9421 9441 9437 CAD Million [+]
Private Debt to GDP 254.13 255 259 260 261 265 percent [+]
TRADE Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Balance of Trade -3632.40 -2600 -3100 -3500 -3600 -3310 CAD Million [+]
Exports 41386.90 41500 40900 41200 41200 45500 CAD Million [+]
Imports 45019.30 44800 44800 44800 44800 48800 CAD Million [+]
Current Account -16800.00 -16148 -15922 -15694 -15463 -13052 CAD Million [+]
Current Account to GDP -3.30 -2.9 -2.9 -2.9 -2.9 -1.7 percent [+]
External Debt 612.33 616 618 618 618 628 CAD Billion [+]
Terms of Trade 89.20 89.47 89.54 89.55 89.55 94.74 Index Points [+]
Foreign Direct Investment 7180.00 17567 13312 13758 14567 14444 CAD Million [+]
Capital Flows -53.00 -4 -6 -6 -6 -8 CAD Million [+]
Gold Reserves 1.70 2 2 2 2 4 Tonnes [+]
Crude Oil Production 3639.00 3697 3703 3703 3703 3703 BBL/D/1K [+]
Terrorism Index 2.30 2.3 2.3 2.3 2.3 2.3 [+]
Tourist Arrivals 3487950.00 2689006 1554274 2254063 2627394 2267346 [+]
Weapons Sales 312.00 315 332 349 339 323 USD Million [+]
GOVERNMENT Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Government Debt to GDP 91.50 92.5 92.5 93.1 93.1 90 percent [+]
Government Budget 0.10 -0.2 -0.2 -0.2 -0.2 -0.7 percent of GDP [+]
Government Budget Value -1109.00 1190 108 108 108 -312 CAD Million [+]
Government Spending 347887.00 349881 350870 351854 352833 366021 CAD Million [+]
Government Revenues 23318.00 24261 24240 24185 24183 24188 CAD Million [+]
Fiscal Expenditure 21575.00 22805 22729 22734 22736 22736 CAD Million [+]
Military Expenditure 17209.90 17255 17158 17061 17097 17139 USD Million [+]
Asylum Applications 1474.00 1518 1552 1538 1533 1536 Persons [+]
BUSINESS Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Business Confidence 57.00 54.8 55.1 55 55.3 52 [+]
Manufacturing PMI 51.90 50.7 51.5 53 54 52 [+]
Industrial Production -1.63 -0.6 0.4 1.2 1.1 0.73 percent [+]
Industrial Production Mom -3.73 -0.2 -0.1 0.2 0.3 0.5 percent [+]
Manufacturing Production -0.83 0.7 1.2 1.3 1.4 0.7 percent [+]
Capacity Utilization 81.40 80.8 80.5 80.5 80.5 83 percent [+]
New Orders 51707839.00 51226509 51324317 51283943 51299061 51295073 CAD THO [+]
Changes in Inventories -6904.00 -1142 1192 2916 3984 4819 CAD Million [+]
Bankruptcies 248.00 211 220 289 229 229 Companies [+]
Corporate Profits 56175.00 51745 56673 55764 55020 70100 CAD Million [+]
Car Registrations 193720.00 148513 158637 168445 161408 162503 Thousand [+]
Leading Economic Index -0.60 0.5 0.3 0.2 0.1 0.2 percent [+]
Mining Production -6.40 -0.2 -6.06 -0.1 -6.07 1.3 percent [+]
Steel Production 1040.00 1062 1064 1065 1066 1067 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 Q3/16 Q4/16 Q1/17 Q2/17 2020
Consumer Confidence 84.40 76 75 75 75 89 [+]
Retail Sales MoM -0.10 0.1 0.3 0.3 0.3 0.3 percent [+]
Retail Sales YoY 2.70 3.26 3.59 3.79 3.91 4.09 percent [+]
Retail Sales Ex Autos -0.80 0.4 0.3 0.3 0.3 0.3 percent [+]
Consumer Spending 1011970.00 1020000 1025811 1030958 1036188 1110000 CAD Million [+]
Disposable Personal Income 1132856.00 1140000 1150000 1150000 1150000 1260209 CAD Million [+]
Personal Savings 3.90 4.1 3.85 3.86 3.86 5 percent [+]
Consumer Credit 552824.00 559000 566000 566000 566000 614000 CAD Million [+]
Private Sector Credit 3709636.00 3765223 3808603 3852240 3895912 4494969 CAD Million [+]
Bank Lending Rate 2.70 2.7 2.7 2.7 2.7 3.7 percent [+]
Households Debt To Gdp 97.60 100 101 101 102 104 percent of GDP [+]
Households Debt To Income 167.46 169 170 170 171 178 percent [+]
Gasoline Prices 0.78 0.72 0.71 0.71 0.71 1.15 USD/Liter [+]
HOUSING Actual Q3/16 Q4/16 Q1/17 Q2/17 2020
Building Permits 6407796.00 6698997 6667898 6669370 6665738 6666631 CAD Thousand [+]
Housing Starts 198.40 179 180 170 180 198 Thousand [+]
Housing Index 115.80 116 117 117 118 125 Index Points [+]
Home Ownership Rate 66.50 66 66 66 66 63 percent [+]
TAXES Actual Q3/16 Q4/16 Q1/17 Q2/17 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. 8/26/2016