Canada’s Economy Amid Uncertainty—Insights from the Chief Economist

The Conference Board of Canada, March 22, 2017 at 02:00 PM EDT
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Canada’s economy is expected to grow at a faster pace in 2017 than in 2016, while growth is expected to remain below two per cent this year. The struggling energy sector will be less of a drag on the economy, exports are expected to pick up and government stimulus spending will help boost growth.

However, the economic outlook remains uncertain. We are in the third year of the oil price shock, and three years is typically the amount of time needed for such a downturn to run its course. Oil prices are expected to remain below US$60 a barrel, and the Canadian dollar could be in for some volatility. Growth in the export sector may also be slowed by the protectionist threats from the new Trump Administration.

In this volatile domestic and international economic climate, you do not want to miss Craig Alexander’s quarterly Chief Economist presentation of economic data that will affect your organization. In this Chief Economist webinar, Craig will provide international, national and provincial-level analysis and discuss the trends that current data foretells.

Webinar Highlights

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In addition to global, national and provincial-level analysis, Craig will highlight factors such as:

  • The housing market: Real estate should be cooled by the last round of government housing policy actions and by higher fixed mortgage rates.
  • Inflation: From one per cent last year, inflation is expected to increase to almost two per cent in 2017, but the Bank of Canada is not expected to raise interest rates this year.
  • Trade winds: Canada may not be the primary focus of Donald Trump’s rhetoric, but Canada could easily experience collateral damage from a new protectionist American policy.
  • Geopolitical uncertainty: Market jitters are likely to intensify amid crucial elections in Germany, France, the Netherlands, and potentially Italy. Growth in the Chinese economy is expected to ease.

About Craig

Photo of Craig AlexanderCraig Alexander brings over 19 years of experience in the private sector as an economic and financial forecaster to the position of Senior Vice-President and Chief Economist. Craig oversees the Board’s macroeconomic outlook products and its custom economic and tourism research. He joined The Conference Board of Canada in September 2016.

Most recently, Craig was the Vice-President of Economic Analysis at the CD Howe Institute. Previously, he was Senior Vice-President and Chief Economist for TD Bank Group—the second largest bank in Canada and the eighth largest in the United States. During his tenure, he led a large team of economists providing in-depth analysis to TD’s divisions and clients. Prior to joining the private sector, he spent four years as an economist at Statistics Canada.

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Price: $399.00 (CAD)