Global Trade

Economic report
The Next Recession Conference

The current global economic landscape is dominated by uncertainty—Brexit, a trade war between the U.S. and China, and sovereign debt concerns in Greece and Italy are only the beginning. At the same time, budget deficits and low interest rates are limiting Canada’s responsiveness to future economic downturns.

June 17, 2020

Time to rethink internal trade in Canada

Over the last few decades, both Canada and Australia have aggressively pursued open international trade policies, but Australia has been much more effective. The legislation has proven successful in helping create a single market by aligning regulations and occupational qualifications (for registered occupations) and lowering the cost of doing business for companies operating in the Commonwealth. .

Pedro Antunes—January 14, 2020

The U.S. economy expanded in 2019, however weaker growth is anticipated in 2020. As investment spending and export growth continue to weigh on economic activity. The economy is growing at a pace close to its potential, while labour markets continue to add new jobs per month.

Economic report
Composite leading index: Rise in index is not enough to mask risks -November 2019

The composite leading index of the Canadian economy sums up the performance that track the short-term course of the economy. Weakness in the U.S. leading index was a big reason for weakness in Canada’s leading index over the last two months.

Cory Renner, January 7, 2020

Economic report
Canadian outlook summary: Winter 2020

The headline story about the economy over the past few months has been the likelihood of a recession in the coming year. Global growth slowed as the trade war between China and the U.S. escalated, and this has driven fears that Canada—a country that is highly dependent on trade—could be on the brink of recession.

Matthew Stewart, December 17, 2019 | Website

Canadian industrial outlook: Finance and insurance—December 2019

Robert Meyer-Robinson —December 9, 2019

Canadian industrial outlook: accommodation—December 2019

Canada’s accommodation industry has been a star performer since 2018. However, these top-line numbers conceal the forces at work that have started to disrupt the industry. In recent years, the competition from private short-term accommodations has significantly intensified and is now having substantial impacts on traditional hoteliers and the overall industry.

Klaus Edenhoffer, December 9, 2019 | Report

Economic report
Labour productivity posts modest gain

Growth in labour productivity of Canadian businesses increased in the third quarter and is up compared to a year ago. But it’s less than half the pace of productivity growth seen in the U.S. over the past year.

Richard Forbes, December 4, 2019 | Blog

Economic report
Canadian industrial outlook: Air transportation

Economic growth is slowing in the United States and China due to trade tensions. In Canada, consumers are becoming more cautious with spending on discretionary items. In turn, this is weighing on passenger growth and putting an end to five years of outstanding industry performance.

Kristelle Audet, November 27, 2019 | Report

Survey of forecasters: Autumn 2019

Kip Beckman—October 18, 2019

World outlook economic forecast: Autumn 2019

Geopolitical tensions rattling the world economy, some including tensions with the United States and China. The global economy expanded in 2018, but growth is set to weaken this year and in 2020.

Kip Beckman—October 15, 2019