Canadian Outlook Executive Summary: Spring 2016

The Conference Board of Canada, 13 pages, May 9, 2016
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This quarterly economic forecast provides highlights of the Canadian Outlook report, which presents the short-term national outlook.

Document Highlights

  • 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.

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