Canadian Outlook Executive Summary: Winter 2012

The Conference Board of Canada, 14 pages, January 2012
Executive Summary by Pedro Antunes

1 2 3 4 5	8 reviews

(You must be signed in and entitled to rate this report)

This quarterly economic forecast provides highlights of the Canadian Outlook report, which presents the short-term national outlook.

A volatile global environment has caused us to pull back on our outlook for Canada’s economy. Real GDP is now forecast to advance by 2.1 per cent in 2012, down from 2.4 per cent forecast in our autumn 2011 Canadian Outlook.
Recent indicators suggest that, assuming the eurozone manages to avoid collapsing even deeper into crisis, the United States will perform slightly better in 2012 than it did in 2011.
Stable food and energy prices will bring inflation back under control this year, allowing the Bank of Canada to hold off longer on rate hikes.
Despite rock-bottom interest rates, households will struggle with high debt levels. Combined with softer growth in business investment and public sector restraint, this will contribute to a soft domestic economy in 2012.

		Access document
(you will be asked to sign-in)
To see if you are entitled to get this research for free, take a minute and create a free e-Library account. This will let us determine if someone else at your organization has already purchased access to this material. Learn more about the e-Library by watching our interactive video:

Update Interests