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Survey of forecasters

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Read the Summer 2019 Survey

Published: July 17, 2019 (web page)
By: Kip Beckman

Highlights

  • The Canadian economy will expand by 1.4 per cent this year and 1.8 per cent in 2020.
  • The main factors restraining growth are weakness in exports and residential construction.
  • The Bank of Canada will hold off on increasing interest rates over the near term.

About the Survey of forecasters

The Survey of forecasters is a quarterly survey conducted by The Conference Board of Canada. It reflects the opinions of Canada’s top forecasting organizations and their outlook for the Canadian economy. An analysis is available to e-Library subscribers or for a one-time fee. The Survey of forecasters has been produced since 1999.

Data


GDP (%)
February  2019, CANSIM
0.1

Projected GDP Growth (%)
Q1 2019, CBoC
0.29

Employment, Canada
February 2019, CANSIM
56,000 

Projected Employment Growth
Q1 2019, CBoC
140,110

Merchandise Exports (%)
February 2019, CANSIM
1.3

Overnight Rate
 April 2019, BoC
1.75

CPI (%, YoY)
April 2019, CANSIM
2.0

Building Permits (%, YoY)
February 2019, CANSIM
5.7

Retail Sales (%)
February 2019, CANSIM
0.8

Consumer confidence
October 2019, CBoC
2.2

Business Confidence
Q2 2019, CBoC
3.2

Leading Index
March 2019, CBoC
0.8

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