Canada | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q1/15 Q2/15 2020 2030 2050
Currency 1.26 1.22 1.24 1.32 1.19 1.07 [+]
Government Bond 10Y 1.25 1.5 2.2 3.5 4 1.7 [+]
Stock Market 14673.48 14300 14400 15700 17300 19000 [+]
GDP Actual Q1/15 Q2/15 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 3.02 3.2 2.89 2.89 2.89 [+]
GDP Annual Growth Rate 2.59 1.95 2.67 2.59 2.55 2.55 [+]
GDP Constant Prices 1754476.00 1776349 1787353 2005235 2330016 2767073 [+]
Gross National Product 1962696.00 1999115 2014338 2010578 1979153 1901107 [+]
GDP per capita 37519.66 37781 37812 37978 37982 37982 [+]
Gross Fixed Capital Formation 409151.00 413954 414548 414699 414699 414699 [+]
GDP per capita PPP 41888.78 42153 42199 42495 42508 42508 [+]
Labour Actual Q1/15 Q2/15 2020 2030 2050
Unemployment Rate 6.70 6.64 6.55 5.35 4.89 4.83 [+]
Employed Persons 17851.50 17861 17869 17895 17895 17895 [+]
Full Time Employment 35.00 36.8 43.94 32 32 32 [+]
Employment Change -11.30 12.29 18.93 9.77 9.77 9.77 [+]
Unemployed Persons 1276.20 1252 1246 1237 1237 1237 [+]
Youth Unemployment Rate 13.50 13.42 13.44 13.43 13.42 13.42 [+]
Productivity 107.43 109 110 130 166 235 [+]
Labor Force Participation Rate 65.70 65.64 65.57 65.58 65.58 65.58 [+]
Wages 23.51 23.65 23.64 24.35 24.35 24.35 [+]
Wages in Manufacturing 23.97 24.54 24.74 24.53 24.55 24.55 [+]
Labour Costs 113.62 114 114 114 113 113 [+]
Population 35.35 35.71 35.78 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 Q1/15 Q2/15 2020 2030 2050
Inflation Rate 1.50 2.34 2.36 2.16 2.31 2.14 [+]
Inflation Rate Mom -0.70 -0.08 -0.28 0.2 0.45 0.7 [+]
Consumer Price Index CPI 124.50 125 125 133 147 170 [+]
Core Inflation Rate 2.20 2.62 2.73 2.37 2.36 2.36 [+]
Core Consumer Prices 124.30 125 125 136 156 191 [+]
GDP Deflator 113.50 115 115 114 114 114 [+]
Producer Prices 110.30 110 110 110 110 110 [+]
Producer Prices Change 1.90 3 4 4.23 3.98 2.56 [+]
Export Prices 113.60 113 113 113 113 113 [+]
Import Prices 118.50 119 118 118 118 118 [+]
Food Inflation 3.70 3.96 4.16 3.37 3.46 3.46 [+]
Money Actual Q1/15 Q2/15 2020 2030 2050
Interest Rate 0.75 0.75 0.75 3 3 3.95 [+]
Interbank Rate 0.75 0.75 0.75 1.65 3.11 6.04 [+]
Money Supply M0 73213.00 73875 74547 89021 114066 159593 [+]
Money Supply M1 754090.00 764987 778022 1043294 1484442 2227900 [+]
Money Supply M2 1297431.00 1311008 1321752 1412826 1422804 1422959 [+]
Money Supply M3 1893114.00 1925260 1957954 2501837 3009326 3302942 [+]
Central Bank Balance Sheet 93292.00 93730 93751 93734 93734 93734 [+]
Foreign Exchange Reserves 74700.00 75098 74232 74435 73946 73283 [+]
Loans to Private Sector 238379.00 240925 242876 252713 252856 252856 [+]
Foreign Stock Investment 4290.00 8531 5441 5034 5034 5034 [+]
Banks Balance Sheet 4383802.00 4399286 4450920 4508111 4466967 4353242 [+]
Trade Actual Q1/15 Q2/15 2020 2030 2050
Balance of Trade -644.30 383 46.11 69.86 185 180 [+]
Exports 43261.20 45999 45965 45060 45035 45034 [+]
Imports 43905.50 45616 45919 44990 44850 44854 [+]
Current Account -8401.00 -6393 -6480 -8233 -8298 -8300 [+]
Current Account to GDP -3.20 -3.12 -3.12 -3.15 -3.15 -3.15 [+]
External Debt 611.88 614 614 622 627 629 [+]
Terms of Trade 95.90 95.86 95.38 96.09 96.07 96.07 [+]
Foreign Direct Investment 1951.00 2106 2187 2155 2155 2155 [+]
Capital Flows -4.00 -8.99 -23 -7.7 -7.7 -7.7 [+]
Gold Reserves 2.99 2.99 2.99 3 3 3 [+]
Crude Oil Production 3867.00 3719 3717 3605 3420 3124 [+]
Government Actual Q1/15 Q2/15 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 622.00 -3391 -45.78 673 673 673 [+]
Government Spending 348758.00 348901 348916 348911 348911 348911 [+]
Credit Rating 98.06 [+]
Business Actual Q1/15 Q2/15 2020 2030 2050
Business Confidence 55.40 61.49 59.93 50.81 50.81 50.81 [+]
Manufacturing PMI 53.90 53.11 54.58 54.13 54.13 54.13 [+]
Industrial Production 3.29 3.98 3.77 3.94 3.98 3.98 [+]
Capacity Utilization 83.40 84.09 84.03 83.51 83.32 83.33 [+]
New Orders 51752289.00 52801855 52601984 52448121 52453759 52453743 [+]
Changes in Inventories 647.00 -2625 -2052 2663 2358 2340 [+]
Bankruptcies 263.00 361 300 322 322 322 [+]
Corporate Profits 70991.00 66065 66138 66073 66074 66074 [+]
Car Registrations 141763.00 191187 203634 157152 157149 157149 [+]
Leading Economic Index -0.20 0.21 0.21 0.21 0.21 0.21 [+]
Consumer Actual Q1/15 Q2/15 2020 2030 2050
Consumer Confidence 84.40 84.27 83.85 83.4 83.37 83.36 [+]
Retail Sales MoM 0.40 0.45 0.46 0.15 0.15 0.15 [+]
Retail Sales YoY 4.80 5.44 5.53 5.26 5.26 5.26 [+]
Consumer Spending 978496.00 990379 994662 1013276 1013490 1013490 [+]
Disposable Personal Income 1125660.00 1137642 1140842 1149765 1149769 1149769 [+]
Personal Savings 43800.00 41260 42699 49074 40861 45276 [+]
Consumer Credit 530632.00 534009 536068 552313 553984 554007 [+]
Bank Lending Rate 3.00 3.15 3.2 3.05 2.95 3.04 [+]
Private Sector Credit 3412570.00 3471552 3512423 4089016 4392019 4456910 [+]
Retail Sales Ex Autos 0.70 0.35 0.36 0.36 0.36 0.36 [+]
Housing Actual Q1/15 Q2/15 2020 2030 2050
Housing Index 112.20 113 113 113 113 113 [+]
Building Permits 6584613.00 7622926 7774484 7004191 7301724 7036342 [+]
Housing Starts 180.33 187 192 185 185 185 [+]
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 [+]