Global Trade

Economic report
Bank of Canada holds rates and flags global growth concerns

Global trade tensions are clearly top of mind for Bank of Canada policy makers. This morning's communication started and ended with a reference to global trade tensions. The Bank of Canada held its overnight rate at 1.75 per cent this morning. While domestic conditions are currently strong, Canada is not....

Alicia Macdonald, September 4, 2019 | Blog

Economic report
GDP Growth Soars Past Expectations

GDP growth soared past most projections in the second quarter. After two quarters of sluggish growth this suggests the economy is performing significantly better in the second half of this year. However, weak business investment and a deepening US–China...

Matthew Stewart, August 30, 2019 | Blog

Concerns continue to mount over the pace of U.S. economic growth, following its impressive performance over the last two-and-a-half years. Second-quarter U.S. GDP growth was the second lowest it has been since 2016, on the heels of a weak end to 2018.

Canadian industrial outlook: Motor vehicle parts manufacturing—summer 2019

Production shifts to popular light-truck models—U.S. passenger car sales have declined since 2015 in favour of light trucks. The product shift has helped to compensate for the decline in Canadian vehicle production. .

Aimee McArthur-Gupta , August 13, 2019 | Report

Provincial outlook executive summary: summer 2019

The economy got off to a poor start in 2019 as the trade sector took a toll on economic growth. However, growth is expected to pick up throughout the rest of the year.

Marie-Christine Bernard, August 9, 2019 | Report

Canadian outlook economic forecast: summer 2019

The economy got off to a poor start in 2019 as the trade sector took a toll on economic growth. While growth is expected to pick up throughout the rest of the year, the weak start means that Canada’s overall economic performance this year will be subpar.

CBoC, July 24, 2019 | Report

Canadian outlook executive summary: summer 2019

Trade wars threaten Canada’s economic performance. A further ratcheting up of trade tensions between Washington and Beijing will almost certainly take a toll on global growth, which is already weighed down by the recent trend.....

CBoC, June 21, 2019 | Report

Travel exclusive: March–April 2019

While the domestic travel market has proven resilient so far despite a slowing economy and the mounting financial pressure facing Canadian households, it is undeniable that the recent strong momentum of Canada’s tourism sector has started to fade

CBoC, July 4, 2019 | Report

World Outlook Summer 2019

Global economic growth has passed its peak and is slowly transitioning to a weaker pace after being on an upward trajectory for about two years.

CBoC, July 12, 2019 | Report

Canadian international merchandise trade

Canada’s merchandise trade sector turned in another positive performance in May as both export and imports recorded increases. Although the May numbers were encouraging, rising uncertainty...

Doris Chu, July 3, 2019 | Blog

Canada’s trade reality: stuck between a rock and a hard place

In recent years, Canada’s export performance has not been stellar. In fact, excluding oil exports, the volume of merchandise exports has been flat since 2015, or even 2007. Oil exports have masked the...

Pedro Antunes, May 8, 2019 | Op-ed