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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.
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Key Forecasts

Main Economic & Market Forecasts

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

Q4 2023

Q1 2024

Q2 2024

Q3 2024

Q4 2024

Q1 2025

2023

2024

2025

GDP

0.8

0.0

0.0

2.0

2.8

3.0

1.1

0.5

2.7

CPI Inflation

3.2

3.1

2.6

2.2

2.3

2.1

3.9

2.6

2.0

Unemployment Rate (%)

5.8

6.1

6.5

6.5

6.5

6.3

5.4

6.4

6.1

Overnight Rate, End Period (%)

5.00

5.00

4.75

4.25

3.50

3.00

5.00

3.50

3.00

10 Yr GoC., End Period (%)

3.05

3.30

3.20

3.10

3.00

3.00

3.05

3.00

3.00

CADUSD, End Period

0.74

0.72

0.70

0.71

0.72

0.73

0.74

0.72

0.76

Sources: Refinitiv, Capital Economics

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