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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

Q2 2022

Q3 2022

Q4 2022

Q1 2023

Q2 2023

Q3 2023

2022

2023

2024

GDP

3.3

0.8

1.0

0.5

0.5

1.5

3.2

1.0

2.0

CPI Inflation

7.5

7.0

6.0

4.8

2.1

1.8

6.6

2.6

1.8

Unemployment Rate (%)

5.1

5.3

5.4

5.6

6.0

6.0

5.4

5.9

5.5

Overnight Rate, End Period (%)

1.50

3.25

4.00

4.00

4.00

4.00

4.00

3.00

2.50

10 Yr GoC., End Period (%)

3.23

3.10

3.00

2.60

2.50

2.35

3.00

2.25

2.25

CADUSD, End Period

0.77

0.74

0.74

0.73

0.73

0.72

0.74

0.71

0.71

Sources: Refinitiv, Capital Economics