Canadian Outlook Executive Summary: Spring 2013
The Conference Board of Canada, 14 pages
June 7, 2013
This quarterly economic forecast provides highlights of the Canadian Outlook report, which presents the short-term national outlook.
- The soft domestic economy will slow GDP
growth to a modest 1.8 per cent in 2013,
down from the 2.2 per cent pace we expected
in our winter edition of the Canadian Outlook.
- Resource sector investment is waning following
two years of strong growth.
- The Bank of Canada remains on the sidelines
for now. But as the U.S. economy gains traction,
monetary authorities on both sides of
the border will start to consider removing
- Struggling to beat back deficits, the federal
and most provincial governments cinched
their belts even tighter in their latest budgets.