Canadian Outlook Executive Summary: Autumn 2012

The Conference Board of Canada, 13 pages, October 2012
Executive Summary by Pedro Antunes
(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

  • Canada’s domestic economy has softened and its trade partners have failed to pick up the slack. This has eroded real GDP growth to below 2 per cent this year, with only a slightly better performance expected in 2013.
  • A soft economy and strong Canadian dollar suggest that the Bank of Canada will also hold rates steady until late next year.
  • External risks remain elevated, with many high-debt EU nations struggling to balance their books at a time of recession. Still, equity markets have stabilized since July, following a strong statement by the European Central Bank that it will defend the euro at all costs.
  • Soft global conditions and a lack of economic vigour at home suggest that Canadians will have to wait until 2014 to see more typical recovery-level growth of 2.6 per cent.

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:

Canadian Outlook Executive Summary: Autumn 2012Rating:4.615384 out of5based on26 reviews.