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

Pandemic Causing Widespread Disruption: Canadian Industrial Outlook

COVID-19 is challenging many Canadian industries in an unprecedented way. As businesses across the country try to adapt, our Canadian Industrial Outlook reports look deeply into the latest developments affecting Canadian industries.

Online experience  |  2-min read
January 27, 2021

Consumer confidence still low, but hits pandemic high: Index of Consumer Confidence

Canadians are increasingly confident about their financial situation this month, especially their current finances. This is likely because the economy is in better shape than it was six months ago and income support programs have been extended. With the rollout of vaccines under way, more Canadians are feeling hopeful in January. Especially on the question about major purchases, an increasing share of respondents believe now is a good time to make a major purchase.

Online experience  |  5-min read
January 25, 2021

Retail sales posted solid gains in November

Today’s Statistics Canada release showed that retail sales rose in November and are up compared to their pre-pandemic level. Strong gains in household income—due largely to government stimulus throughout much of 2020—encouraged consumers to spend more ahead of the holiday season..

Quick take  |  3-min read
January 22, 2021

Government Support and Vaccine Rollout Provide Hope: US Outlook

Encouraging news about vaccines suggests that the pandemic should start to fade by the autumn of 2021. However, given that it will take a while before a majority of Americans can be vaccinated, the U.S. economy is in for a tough few months, as surging COVID-19 cases have forced many states to further tighten restrictions while they fight to control the spread of the virus.

Online experience  |  2-min read
January 20, 2021

COVID-19 restrictions weigh on December inflation

Inflation decelerated to 0.7 per cent in December. In all, price inflation was only 0.7 per cent in 2020, the smallest increase since 2009. Tightened restrictions across regions in December significantly weighed on consumer demand for transportation, thus pulling down consumer prices.

Quick take  |  2-min read
January 20, 2021

New year, same policy interest rate

The Bank of Canada held its policy interest rate steady and announced that it will continue with its quantitative easing program. With core inflation well below its target of two per cent, and a slowdown in the economic recovery over the past few months, today’s announcement was expected.

Quick take  |  2-min read
January 20, 2021

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Pedro Antunes

Chief Economist

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