Canadian Economics

The Conference Board of Canada is the country’s largest private economic analysis and forecasting unit. Key services include medium- and long-term outlooks on the national, provincial/territorial, metropolitan, and industrial economies, as well as custom economic analysis and forecasting. We are here to help leaders cut through the noise and make informed decisions to build the Canada of tomorrow.

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Recent releases

No trick or treat as Bank of Canada holds rates and offers glum outlook

In light of a dim outlook, the Bank of Canada unsurprisingly kept its policy interest rate on hold today, while adjusting its quantitative easing program. The central bank reiterated that the economy is not close to recovering, and that core inflation remains below its 2 per cent target.

Quick take  |  2-min read
October 28, 2020

Consumer confidence deteriorated in October as restrictions tightened amid the second wave of COVID-19

As the second wave of COVID-19 spread across several regions, Canadians started to worry that more restrictive physical distancing measures may weigh on their future employment prospects. As a result, shares of positive responses on the question declined while pessimistic views increased.

Online experience  |  3-min read
October 27, 2020

Fragile Recovery Hinges on Election Result and COVID-19 Response: US Outlook

U.S. labour markets continue to recover from the pandemic-induced sharp drop in employment, which began toward the end of March. The labour market has now recovered some of the job losses that transpired in the spring. However, there is still a long way to go, as there is still a deficit of jobs that will take months to fill.

Online experience  |  2-min read
October 27, 2020

Canadian Outlook Autumn 2020: COVID-19 and Uncertainty to Flatten the Curve of Economic Recovery

Canada’s economy bounced back in recent months following the economic plunge sparked by the COVID-related shutdown in March and April. The quick rebound is good news, but a gaping chasm remains to be closed before Canada’s economy is back to normal. We expect localized closures and a retrenchment in some segments to hold back the pace of recovery into mid-2021.

Online experience  |  2-min read
October 26, 2020

Expectations Remain Weak in The West

There are seven CMAs with positive short- and long-term expectations this month. Short-term expectations for all the Western census metropolitan areas (CMAs) continue to be negative. All three British Columbia CMAs report negative expectations for both the short and long terms.

Online experience  |  2-min read
October 26, 2020

Welcome Rebound Next Year From the Devastation of 2020

Forecasters surveyed by The Conference Board of Canada in the autumn have a slightly more optimistic view of the economy’s short-term prospects than they did in summer. Still, the situation remains bleak. Based on responses to the survey, the COVID-19 pandemic and the resulting shutdown of the economy in March and April will result in a decline in real GDP this year.

Online experience  |  2-min read
October 26, 2020

Upcoming events

U.S. Outlook Webinar: Comeback in the Midst of Huge Uncertainty

The U.S. economy is starting to emerge from the devastation created by the COVID-19 pandemic. While real GDP dropped in the second quarter of 2020, we expect a sharp rebound in growth in the second half of this year and into 2021. However, our outlook depends crucially on a successful containment of the virus, something that has turned out to be challenging especially in Southern states like Florida.

Webinar  |  November 10, 2020 @ 2:00 p.m. EDT

Slow Train Coming, Canada’s Emergence from Recession

The Chief Economist will look at how different regions of the world have handled the virus and the prospects for recovery heading into 2021. The numerous risks to the U.S. outlook will also be examined as will the implications of the presidential election for both the U.S. and global economy.

Webinar  |  December 15, 2020 @ 2:00 p.m. EDT

Featured researcher

Pedro Antunes

Chief Economist

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Speaking opportunities

Need a speaker for your next event or the latest economic quick takes from our Chief Economist? Pedro is available for speaking opportunities.

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Economic indexes

Economic snapshots

Business confidence survey

Since 1977, we have surveyed senior Canadian business executives to put together the Index of Business Confidence. The Bank of Canada uses this quarterly index to help measure capacity and inflation pressures as it sets monetary and financial markets policy.

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The Survey of Forecasters is a quarterly survey that reflects the opinions of Canada’s top forecasting organizations and their outlook for the Canadian economy.

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Other economic trends

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Custom research

Find out how we can help with your tough research questions. We can provide the information you need to make tough business decisions.

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