Canada | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 1.25 1.22 1.24 1.32 1.19 1.07 [+]
Government Bond 10Y 1.36 1.5 1.6 1.7 4 4 [+]
Stock Market 14812.42 14999 15106 15700 17300 19000 [+]
GDP Actual Q1/15 Q2/15 2020 2030 2050
GDP 1825.10 1950 1951 2325 2843 3216 [+]
GDP Growth Rate 0.60 0.54 0.8 1 0.68 0.69 [+]
GDP Growth Annualized 2.40 3.23 3.45 3.09 3.1 3.1 [+]
GDP Annual Growth Rate 2.63 2.57 2.78 3.01 2.7 2.11 [+]
GDP Constant Prices 1767784.00 1781764 1793350 2044437 2380172 2757691 [+]
Gross National Product 1961684.00 1989961 2004758 2060578 2219153 2601107 [+]
GDP per capita 37519.66 38781 38812 40978 45982 48982 [+]
Gross Fixed Capital Formation 409763.00 409673 409376 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 6.80 6.7 6.7 5.5 5.5 5 [+]
Employed Persons 17885.90 17899 17922 19046 24804 24806 [+]
Full Time Employment 34.00 28.19 37.3 27.72 27.72 27.72 [+]
Employment Change -1.00 14.24 21.3 11.95 11.95 11.95 [+]
Unemployed Persons 1311.70 1307 1314 1329 1429 1469 [+]
Youth Unemployment Rate 13.30 13 13.19 11 10 9.18 [+]
Productivity 107.17 108 109 121 144 188 [+]
Labor Force Participation Rate 65.80 65.68 65.6 65.57 65.57 65.57 [+]
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 113.61 114 114 114 113 113 [+]
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 0.90 -0.14 -0.34 0.19 0.44 0.69 [+]
Consumer Price Index CPI 125.40 124 125 133 145 168 [+]
Core Inflation Rate 2.10 2.3 2.41 2.41 2.4 2.4 [+]
Core Consumer Prices 124.70 125 125 137 157 194 [+]
GDP Deflator 112.70 114 114 120 134 184 [+]
Producer Prices 110.20 314328 314757 135 140 181 [+]
Producer Prices Change -1.60 3 4 4.23 3.98 0.71 [+]
Export Prices 111.90 112 112 113 113 113 [+]
Import Prices 119.10 119 119 119 119 119 [+]
Food Inflation 3.90 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 1.5 1.75 2.1 [+]
Interbank Rate 0.75 0.75 0.75 3.05 4.11 4.54 [+]
Money Supply M0 74444.00 74104 74798 89588 115191 161749 [+]
Money Supply M1 759847.00 760306 773249 1018735 1419126 2068701 [+]
Money Supply M2 1309940.00 1309553 1319370 1401677 1410307 1410431 [+]
Money Supply M3 1931120.00 1940283 1977165 2648061 3323626 3772476 [+]
Central Bank Balance Sheet 92267.00 91745 91512 91639 91639 91639 [+]
Foreign Exchange Reserves 74768.00 74660 73658 73194 73205 73205 [+]
Loans to Private Sector 241285.00 244473 247570 264155 264502 264502 [+]
Foreign Stock Investment 5730.00 2633 1169 3064 3003 3175 [+]
Banks Balance Sheet 4683469.00 4441960 4513161 4595629 4597415 4597451 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade -2451.00 -1115 -1694 -1210 -1110 -1112 [+]
Exports 42611.00 44433 44303 44075 44085 44086 [+]
Imports 45063.00 45548 45997 45285 45195 45198 [+]
Current Account -13917.00 -10797 -11109 -11217 -11203 -11203 [+]
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 94.00 94.21 93.34 94.85 94.78 94.77 [+]
Foreign Direct Investment 30.00 1373 1342 1124 1124 1124 [+]
Capital Flows -14.00 -32.14 -35.79 -16.23 -16.23 -16.23 [+]
Gold Reserves 2.99 2.99 2.99 3 3 3 [+]
Crude Oil Production 0.00 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 2211.00 -2854 568 1254 1254 1254 [+]
Government Spending 350813.00 351195 351502 388911 448911 488911 [+]
Credit Rating 98.06 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 49.70 48.21 50.67 60 57 58 [+]
Manufacturing PMI 48.70 51.51 52.71 52.66 52.66 52.66 [+]
Industrial Production 3.05 3.5 3.23 3.54 3.57 3.57 [+]
Capacity Utilization 83.60 84.21 84.37 83.85 83.68 83.69 [+]
New Orders 57960038.00 52586589 52331337 52256326 52263314 52263308 [+]
Changes in Inventories 8017.00 -415 -991 2677 2657 2645 [+]
Bankruptcies 241.00 354 291 302 303 303 [+]
Corporate Profits 72234.00 66065 66138 76073 74074 80074 [+]
Car Registrations 101564.00 151187 180634 187152 197149 222149 [+]
Industrial Production Mom -4.55 0.2 -0.32 0.2 0.2 0.2 [+]
Leading Economic Index 0.30 0.22 0.22 0.23 0.21 0.2 [+]
Mining Production 4.63 3.69 3.13 2.17 2.17 2.17 [+]
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 -1.70 -0.28 -0.24 0.19 0.44 0.69 [+]
Retail Sales YoY 1.20 3.44 4.71 4.64 4.65 4.65 [+]
Consumer Spending 982885.00 987941 991456 1103276 1403490 1603490 [+]
Disposable Personal Income 1127836.00 1133107 1136076 1249765 1449769 1749769 [+]
Personal Savings 40584.00 36038 34643 36303 36322 36322 [+]
Consumer Credit 531296.00 537496 540987 570662 573998 574051 [+]
Bank Lending Rate 2.85 2.85 2.9 5 6 6.55 [+]
Private Sector Credit 3441394.00 3484300 3532965 4238086 4646292 4749312 [+]
Retail Sales Ex Autos -1.80 0.18 0.4 0.35 0.35 0.35 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index 112.20 113 113 121 149 161 [+]
Building Permits 6129265.00 7116406 7434522 6101821 7003976 7003976 [+]
Housing Starts 156.27 178 181 175 175 195 [+]
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 [+]