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Canadian Economic Trends Service

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Canadian Outlook Executive Summary: Winter 2016

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

Executive Summary | 13 pages | February 2016 | Matthew Stewart | The Conference Board of Canada

The Future of Canada’s High-Value Business Services: Servicing the Planet

Canada does a great job of promoting and exporting its natural resources. However, we have not yet fully grasped the potential of selling high-value services in global markets. To boost our opportunities in the rapidly-growing area of services trade, businesses and governments alike need to understand where we are already successful, what opportunities are out there, and what barriers stand in the way of success in international markets. The United States is Canada’s main market for services exports, just as it is for goods. Recent Conference Board research indicates that Canada’s potential for services exports is limitless, especially in emerging markets with huge populations, rising standards of living and more middle-class consumers. So how can we take advantage of these opportunities?

Recorded Webinar | January 2016 | Danielle Goldfarb | The Conference Board of Canada

The Canadian Commercial Property Outlook: A Year of Uncertainty

Across the country, the Commercial Property market is feeling an economic shift. And while all of Canada is feeling this shift, weakness in commercial properties has been most pronounced in western markets such as Calgary, while Toronto and Montreal markets are holding up better. So what’s going on? We know that rising vacancy rates and weak absorption will limit gains in rents for commercial owners. Overbuilding is also a factor with its impact on demand for office space, while high profile store closures such as Target and Blacks have made retail space more available. Can we expect more of the same for 2016? Join Glen Hodgson, our Senior Vice-President and Chief Economist, for The Conference Board of Canada’s first-ever presentation focused on the Canadian commercial property market. Utilizing the Conference Board’s unparalleled national, provincial, metropolitan and industrial economic forecasts, Glen will describe how while there are improvements ahead in the commercial property market, not all sectors and regions will see growth.

Recorded Webinar | December 2015 | Glen Hodgson | The Conference Board of Canada

Carbon Pricing and Competitiveness

As world leaders gather at the Paris Conference of the Parties to consider action on climate change, Canada’s Ecofiscal Commission will shed light on the issue of business competitiveness, in the context of an emerging patchwork of international and provincial carbon pricing policies. You are invited to an exclusive webinar briefing with Chris Ragan, Chair of Canada's Ecofiscal Commission, for a presentation of the Commission’s findings and a candid discussion about how the recommendations can be applied to different sectors, provinces, and our economy as a whole.

Recorded Webinar | December 2015 | The Conference Board of Canada

The Future of Canadian Manufacturing: Gaining Competitive Advantage in Global Markets

The Canadian manufacturing sector is smaller than it was at the turn of the millennium in terms of output, employment and exports. But it continues to make a critical contribution to the Canadian economy, particularly to the trade balance—where it accounts for 61 per cent of exports. Driven by rapidly advancing technology, and the growing importance of consumers and producers in emerging markets, global manufacturing is undergoing massive change. Canadian manufacturers will need to recognize and stay ahead of these trends to win competitive advantage in the global marketplace. This will require coordinated strategies from business leaders in manufacturing and policy makers. Join Prof. Paul Boothe, Director of the Lawrence National Centre for Policy and Management, Ivey Business School, Western University. In this role, Dr. Boothe has undertaken a major research study into Canadian and global manufacturing and emerging trends. His objective in this research is to stimulate a dialogue around strategies available to Canadian manufacturers to gain competitive advantage.

Recorded Webinar | November 2015 | The Conference Board of Canada

The Productivity Crisis: A Global Trend, A Canadian Problem

Canada has a competitiveness problem, and we’re not the only ones. The global economy is drifting into a productivity crisis, effecting the competitiveness of Canada’s peer economies across the globe. Productivity growth is the key to competitiveness, as without gains in productivity: Companies will have limited ability to grow and compete as profits are squeezed; Economic growth and job creation will be threatened; and ultimately, Recent gains in global living standards will be lost. While many factors related to competitiveness are beyond the control of an individual firm, productivity is not. So how can your organization ensure that productivity and with it, your competitiveness, grows? Join us for this special webinar in which The Conference Board Inc. and the Conference Board of Canada discuss global productivity and competitiveness trends in a Canadian context. Ataman Ozyildirim of the Conference Board Inc. will describe the findings of new Conference Board Inc. research on international comparisons on productivity, internationally and by sector —including manufacturing. He will discuss how productivity growth has slowed dramatically around the world in recent years and why it is so critical to global economic growth . Pedro Antunes of the Conference Board of Canada will describe how Canada's long-term demographic trends and weak labour force growth makes productivity key to maintaining economic growth potential. Yet, Canada's productivity performance is weakening and our innovation results are well below its global peers.

Recorded Webinar | November 2015 | Pedro Antunes | The Conference Board of Canada

Canadian Outlook Economic Forecast: Autumn 2015

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

Report | 87 pages | November 2015 | The Conference Board of Canada

Note de conjoncture canadienne–Résumé : Automne 2015

Ce résumé trimestriel reproduit, dans ses grandes lignes, la Note de conjoncture canadienne qui donne les perspectives économiques à court terme pour l’ensemble du Canada.

Résumé | 15 pages | November 2015 | Matthew Stewart | Le Conference Board du Canada

Post-Election Canadian Outlook with the Chief Economist — Autumn 2015

The new federal government inherits an economy posting little more than tepid growth. The worst of the oil-price crash may be behind us, but there is not a lot of positive energy flowing through the Canadian economy as 2015 nears an end. The spark for the economy—at least in 2016—could be the new government's commitment to run a $10 billion deficit for each of the next three years to invest in infrastructure and reduce taxes for middle-income earners. Altogether, the federal government's planned $10 billion deficit could add as much as half-a-percentage point to economic growth in 2016. How will the policies and decisions of the federal government affect your organization in 2016 and beyond? How should business adapt, not only to domestic policies, but a changing global economy?

Recorded Webinar | November 2015 | Glen Hodgson | The Conference Board of Canada

Canadian Outlook Executive Summary: Autumn 2015

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

Executive Summary | 13 pages | October 2015 | Matthew Stewart | The Conference Board of Canada

Canadian Outlook with the Chief Economist--Summer 2015: A Year of Uncertainty

What are the economic prospects for Canadian business and policy leaders this year? Just what are the factors -- locally, nationally, and globally -- that are driving economic change? This recorded webinar features Glen Hodgson, the Conference Board's Senior Vice-President and Chief Economist, who provides expert interpretation of the latest economic numbers for Canada and the provinces, the United States, and the world. The Canadian economy’s lacklustre performance in the first half of 2015 can be blamed primarily on the slide in oil prices, as capital expenditures and support activities for mining and oil and gas extraction have fallen precipitously. Glen will explain how the oil price slide—coupled with weaker consumer spending and ongoing fiscal restraint—has translated into underwhelming economic growth in 2015. Business investment will again be a weak spot in 2015. Oil and gas investment represents almost one-third of total business investment, so sharp cuts to energy investment has a sizable impact on the national economy. Glen will discuss this investment gap, and when the energy recovery might begin. Moreover, global factors -- like the Greek debt crisis -- and the momentum of the U.S. recovery are affecting Canada’s performance. You’ll hear Glen’s expert take on these ongoing issues, and the impact they could have for Canadian Business, both domestically and abroad.

Recorded Webinar | August 2015 | Glen Hodgson | The Conference Board of Canada

Canadian Outlook Economic Forecast: Summer 2015

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

Report | 96 pages | July 2015 | The Conference Board of Canada

Note de conjoncture canadienne: Résumé Été 2015

Ce résumé trimestriel reproduit, dans ses grandes lignes, la Note de conjoncture canadienne qui donne les perspectives économiques à court terme pour l’ensemble du Canada.

Résumé | 16 pages | July 2015 | Matthew Stewart | Le Conference Board du Canada

Canadian Outlook Executive Summary: Summer 2015

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

Executive Summary | 14 pages | July 2015 | Matthew Stewart | The Conference Board of Canada

Spotlight on High-Value Services: Canada’s Hidden Export Strength

Canada’s natural resources products are not the only things the world needs. Canada has ridden the commodity supercycle wave with gusto, but we are now at the dawn of a new era, in which high-value services are quietly accounting for some of Canada's strongest trade growth. Services are already very prevalent in the Canadian economy, with about 80 per cent of all jobs in services industries such as engineering and communications. In international markets, three out of the five fastest-growing Canadian exports over the last decade were services. Canada’s finance and insurance, management, and computer and information services exports increased more than 50 per cent in the last decade. Despite this trend, there has been little study of services trade in Canada. The Conference Board's Global Commerce Centre has begun a research project on high-value services trade in Canada. Join Jacqueline Palladini for a discussion of recent trends in high-value services trade, Canada's emerging strengths in services, and the important role that services play in making Canada’s goods exports more competitive.

Recorded Webinar | May 2015 | Jacqueline Palladini | The Conference Board of Canada

Carbon Pricing: A Canadian Approach

Canada’s provinces already have a head start in implementing policies to put a price on carbon, andprovincially-customized carbon pricing policies present a practical way to make national progress on lowering emissions today. So what is the current progress on the national level? Join us for this thought-provoking presentation of the latest report of Canada's Ecofiscal Commission, The Way Forward: A Practical Approach to Reducing Canada’s Greenhouse Gas Emissions. This extensive report examines the opportunities for building on these provincial initiatives, and serves as a starting point for a broader discussion on the policy details for implementation at a national level. Published in April 2015, the Commission’s report explores two central issues. First, why provincial carbon pricing is the practical way to move forward on achieving meaningful, low-cost reductions in GHG emissions. Second, which details and fundamentals of policy design need to be considered as provinces take their next steps. Click the videos below to hear Dr. Chris Ragan of the Ecofiscal Commission give a sneak preview of the upcoming presentation! Canada's Ecofiscal Commission -- Carbon Pricing Policy Canada's Ecofiscal Commission -- Four Principles of Carbon Pricing Policies Canada's Ecofiscal Commission -- A Province-Based Approach to a National Issue

Recorded Webinar | May 2015 | Glen Hodgson | The Conference Board of Canada

Canadian Travel Intentions: A Change in Plans this Summer?

The drop in oil prices has had far reaching effects on Canadian businesses and consumers alike. With the Canadian dollar in decline, and disposable income impacted in some parts of the country, many Canadian families are finding that their summer travel intentions are being affected, or even cancelled altogether. So what affects will these changes have on the Canadian tourism industry? And how can these businesses plan for what is looking to be an irregular travel season? The Canadian Tourism Research Institute (CTRI) holds more than 20 years worth of travel intentions survey data, allowing for historical data to be considered and future trends to be identified to the benefit of Canada's tourism industry. Join the Conference Board’s Greg Hermus and Jennifer Hendry of CTRI as they discuss the latest results of the bi-monthly travel intentions survey, conducted in April 2015. This edition of the survey will provide tourist operators, transportation companies, and government officials with the most reliable outlook for the summer travel season. The indicators in the survey include websites that travellers plan to visit, use of packages versus independent travel, use of travel agents, use of mobile devices, trip motivations, and much more!

Recorded Webinar | April 2015 | Greg Hermus | The Conference Board of Canada

Canadian Outlook with the Chief Economist – April 2015

The collapse in oil prices in late 2014 has been the single most important new factor in the Conference Board’s revised national and provincial forecasts. In our view, Canadian growth will be sharply slower in 2015, but with very different impacts across regions and sectors. Join Glen Hodgson, the Board's Senior Vice-President and Chief Economist, as he provides expert interpretation of the latest economic numbers for Canada, its provinces, the US, and the world. During this 60-minute recorded session, Glen describes the major economic forces that will affect your organization in 2015. Glen provides highlights from the Conference Board’s most recent national and provincial forecasts, and the U.S. and world outlooks. He talks about the economic prospects for Canadian leaders and explains the factors that are driving economic change. There is also be a discussion of the recent economic recovery as well as future risks to stability.

Recorded Webinar | April 2015 | Glen Hodgson | The Conference Board of Canada

Canadian Outlook Economic Forecast: Spring 2015

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

Report | 94 pages | April 2015 | The Conference Board of Canada

Note de conjoncture canadienne: Résumé Printemps 2015

Ce résumé trimestriel reproduit, dans ses grandes lignes, la Note de conjoncture canadienne qui donne les perspectives économiques à court terme pour l’ensemble du Canada.

Résumé | 16 pages | April 2015 | Matthew Stewart | Le Conference Board du Canada

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