Canadian Outlook Executive Summary: Spring 2016
The Conference Board of Canada, 13 pages
May 9, 2016
This quarterly economic forecast provides highlights of the Canadian Outlook report, which presents the short-term national outlook.
- Early indications are that the economy will fare better in 2016.
- Oil and gas investment is expected to contract sharply for the second consecutive year.
- Even outside the energy sector, investment is expected to fall due to weak market demand and low business confidence.
- Weaker global growth will take some of the steam out of exports.