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

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

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

Richard Forbes

Economist

Survey of forecasters: Autumn 2019

Kip Beckman—October 18, 2019

World outlook economic forecast: Autumn 2019

Kip Beckman—October 15, 2019

Stay calm and keep shopping

Kip Beckman—October 11, 2019

Artificial intelligence and the global trade environment: Strategic Foresight  

This report presents and analyzes four plausible scenarios on AI (artificial intelligence), global adoption, and the openness of the global trade environment. Gain insights into the challenges and opportunities that industries, the government, and the public may face as AI technologies and global economic trends continue to evolve.

Julie Adès, Henry Diaz, Nigel Russell, October 4, 2019 | Report

Leaving China is hard to do

The trade dispute between China and the United States has forced multinational corporations to consider relocating their operations to other Asian, or even Latin American, countries in order to avoid the rising U.S. tariffs on Chinese imports that are cutting into their profit margins.

Kip Beckman— October 8, 2019 | Blog

Merchandise exports increase in August

Following two months of decline, Canada’s merchandise exports increased in August. Despite the positive performance, the near-term outlook for the trade sector is expected to be less-than-stellar given all the turbulence and continued uncertainty on the global front. Growth prospects for Canada’s trade sector are expected to be tepid for the remainder of the year.

Doris Chu, October 4 2019 | Report

Canadian industrial outlook: Food manufacturing—September 2019

The rise of plant-based meat substitutes (i.e., “meatless” products) is set to accelerate the anticipated decline in per-capita meat consumption in Canada. To compete with imported products such as Beyond Meat and tap into this rapidly growing market, Canadian food manufacturers are being forced to adapt and develop new products in this segment.

Robert Meyer-Robinson , September 27, 2019 | Report

U.S. Outlook Economic Forecast

Donald Trump’s trade war with China has increased the chances of the U.S. economy slipping into recession next year. In the summer, the U.S. president reacted to the stalling of negotiations between Washington and Beijing by announcing that he would increase the existing tariffs....

CBoC , October 2, 2019 | Report