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Canadian Economic Trends Service

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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

Canadian Outlook Executive Summary: Spring 2015

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

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

Canadian Outlook Economic Forecast: Winter 2015

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

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

Note de conjoncture canadienne: Résumé Hiver 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 | February 2015 | Matthew Stewart | Le Conference Board du Canada

Canadian Options for Ecofiscal Prosperity

Glen Hodgson, Chief Economist of The Conference Board is pleased to present this recorded webinar that examines practical fiscal solutions for Canada. The webinar features Chris Ragan, Chair of Canada’s Ecofiscal Commission. Glen moderates the session, including the Q&A and offers expert opinion on aligning Canada’s economic and environmental aspirations—critical for our country’s continuing prosperity. In this 60-minute recorded session, Dr. Chris Ragan walks participants through the November 2014 report from the Commission that looks at ecofiscal reform and the tremendous untapped opportunity for Canada. The report and this webinar will help move the conversation forward. The evidence presented highlights the success of ecofiscal policies already implemented in Canada and the rest of the world—evidence that makes a strong and reasoned argument for greater use of these tools across Canada.

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

Canadian Outlook Executive Summary: Winter 2015

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

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

Canadian Outlook with the Chief Economist – January 2015

The collapse in oil prices over the last three months is the single most important new factor in the forecast. If sustained, Canadian growth will be lower 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, 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 forecast, and the U.S. and world outlooks. He talks about the economic prospects for Canadian leaders and explain 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 | January 2015 | Glen Hodgson | The Conference Board of Canada

Regional Shake-up: The Impact of Lower Oil Prices on Canada

The sharp drop in world oil prices is creating both winners and losers in the Canadian economy. Oil extraction companies are obvious losers. But other sectors of the Canadian economy, including transportation and some manufacturers, could benefit from lower energy prices. Also, consumer spending will receive a modest boost from the drop in gasoline prices. While the Conference Board expects the price of oil to stabilize in the short term, a rebound will be slow. We estimate that world oil prices will only manage to rise above the $60 mark sometime in the final quarter of this year. Under our oil price assumptions, Canada’s overall economic growth will likely remain in the 2 per cent range this year, in line with its performance in recent years. The national impact masks the extent of the shakeup by province. Alberta will be the most affected, as will Saskatchewan and Newfoundland and Labrador. Other provinces should benefit, albeit modestly, and to varying degrees.

Recorded Webinar | January 2015 | Pedro Antunes, Glen Hodgson | The Conference Board of Canada

Regional Shake Up: The Impact of Lower Oil Prices on Canada’s Economy

The dramatic decline in world oil prices since last June will have a major impact on Canada. This briefing discusses the winners and losers resulting from the decline.

Briefing | 19 pages | January 2015 | Pedro Antunes, Kip Beckman | The Conference Board of Canada

Remaniement régional : L'impact de la baisse des prix du pétrole sur l'économie canadienne

La chute des prix mondiaux du pétrole à laquelle on assiste depuis juin dernier aura d'importantes répercussions sur le Canada. Cette étude parle des gagnants et des perdants de cette baisse. Cette publication comprend un résumé en français, suivi d'une version anglaise du rapport intégral.

Briefing | 21 pages | January 2015 | Pedro Antunes, Kip Beckman | Le Conference Board du Canada

Saving Retirement Savings: Why It Is Good for Canadians and the Economy

A new report from the Conference Board examines how financial advice can boost savings rates, which leads to better retirement readiness and lifts economic output. Boosting Retirement Readiness and the Economy Through Financial Advice examines the long-term impacts of increased savings on the economy and the link between individuals gaining financial advice and their savings and investment decisions. This recorded webinar with report author, Pedro Antunes, the Board's Deputy Chief Economist and Executive Director, Forecasting and Analysis, walks you through the research findings.

Recorded Webinar | November 2014 | Pedro Antunes | The Conference Board of Canada

Canadian Outlook Economic Forecast: Autumn 2014

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

Report | 82 pages | November 2014 | The Conference Board of Canada

Note de conjoncture canadienne: Résumé Automne 2014

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 | 14 pages | October 2014 | Matthew Stewart | The Conference Board of Canada

Canadian Outlook Executive Summary: Autumn 2014

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

Executive Summary | 11 pages | October 2014 | Matthew Stewart | The Conference Board of Canada

Canadian Outlook with the Chief Economist – September 2014

Where is the economy headed? How will your business plans be impacted? This recorded webinar with Glen Hodgson, the Board's Chief Economist and Senior Vice-President, walks you through the latest numbers. Get expert interpretation of the national forecast, including key indicators.

Recorded Webinar | September 2014 | Glen Hodgson | The Conference Board of Canada

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