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

Inflation inched up last month but remains well below normal levels

Inflation remained muted in September—prices for gasoline and tourism-related services continue to be the main source of downward pressure. Core inflation held steady, which is below the Bank of Canada’s target. While some consumer products have faced upward price pressure, we expect overall inflation to remain at or below the central bank’s target until mid-next year.

Quick take  |  2-min read
October 21, 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 21, 2020

Major City Insights

The Canadian economy is in the midst of its worst downturn in decades. Life in cities across the country has been brought to a standstill by the COVID-19 pandemic and the measures imposed to control it. While the impacts are being felt across all cities and industries, some are being hit harder than others.

Online experience  |  3-min read/city
October 20, 2020

Bringing Them Home: Reshoring Supply Chains Is Not a Panacea

As COVID-19 containment measures began to ease after the first wave, business leaders and policy-makers here in Canada and around the world started to think about how to deal with the aftermath of the pandemic. This means finding the right strategies to rebuild their economies and improve supply chain resiliency to future shocks.

Issue briefing  |  11-min read
October 20, 2020
Focus Area—Canadian Economics

Recovery in manufacturing sales falters in August

With the onset of COVID-19, the already-struggling Canadian manufacturing sector suffered significant declines in March and April. Since then, manufacturing sales have strived toward recovery. However, the latest August decline signals that recovery will have to wait.

Quick take  |  1-min read
October 16, 2020

September sees large employment gains, though uncertainty remains

National employment levels continued their recovery at a stronger pace in September. Employment remained lower than pre-pandemic February in all provinces. Canada has now recovered approximately 2.3 million of the 3.0 million jobs lost during the pandemic.

Quick take  |  2-min read
October 9, 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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Survey

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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