Canadian Outlook Economic Forecast: Winter 2011

The Conference Board of Canada, 84 pages, February 4, 2011
Report
4.5/5 based on 2 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.

Document Highlights

  • Our forecast calls for real GDP growth of just 2 per cent this year, down 0.5 percentage points from what we were projecting in the autumn Canadian Outlook.
  • Significant injections of monetary and fiscal stimulus have solidified near-term growth prospects in the United States—but sooner or later Americans will have to pay the piper.
  • Canada’s trade sector will do little to prop up growth this year, due in part to the strength of the loonie.
  • A strong Canadian dollar and slower economic growth are expected to convince the Bank to hold off on rate hikes until the fall.
  • An uneventful resolution to the European debt crisis remains critical to keeping the global economy on a path of recovery.

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: