Canada Economics

Canada Economic Outlook

7 June, 2018

Housing slump and higher rates weighing on growth

We expect economic growth to slow to 1.7% this year and only 1.3% in 2019, as the housing downturn continues to weigh on consumption and residential investment. That weakness will eventually force the Bank of Canada to begin cutting interest rates again from next year onwards.

Access this publication and more, take our free trial subscription today.

Free Trial

Already a subscriber? Simply log in to view this article.

Save to Library

New Book

Making a Success of Brexit
and Reforming the EU

by Roger Bootle

"Outstanding - engaging - absorbing"
Daily Telegraph

Buy now on Amazon
We use cookies to ensure you get the best experience on our website. Read our Cookie Policy for more information.