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Canada Economics

This service provides detailed analysis and independent forecasts for Canada’s economy and financial markets, offering both rapid responses to new data and developments, and more in-depth coverage of key themes, current trends, and future developments.

The subscription to this service includes 3-4 emailed publications a week, access to our online research archive and our economists, and the opportunity to attend our conferences, forums and webinars.

  • Comprehensive coverage of the Canadian economy.
  • Timely, clear and concise analysis.
  • Bold views which frequently challenge conventional wisdom.

Key Forecasts

Main Economic & Market Forecasts

%q/q ann. (%y/y) unless stated

Q4 2022

Q1 2023

Q2 2023

Q3 2023

Q4 2023

Q1 2024

2022

2023

2024

GDP

0.0

0.0

-1.5

-1.2

1.6

2.5

3.4

0.2

1.8

CPI Inflation

6.7

5.3

3.0

2.6

2.0

1.9

6.8

3.2

1.8

Unemployment Rate (%)

5.1

5.2

5.4

5.8

6.0

6.0

5.3

5.6

5.8

Overnight Rate, End Period (%)

4.25

4.50

4.50

4.00

3.50

3.00

4.00

3.50

2.50

10 Yr GoC., End Period (%)

2.85

2.66

2.53

2.39

2.25

2.25

2.80

2.25

2.25

CADUSD, End Period

0.73

0.72

0.70

0.71

0.72

0.72

0.74

0.72

0.75

Sources: Refinitiv, Capital Economics

All Coverage