Canada’s 20-year Outlook
Français 5-Year Outlook By CBoC Economics Team • Updated August 11, 2025
Tempered by Transitions
Summer Update
Although current trade conflicts present pressing near-term concerns, Canada’s economy will navigate a barrage of structural transitions over the next two decades. Demographic changes will touch nearly every part of the economy, fostering important shifts in the labour force, consumer spending patterns, housing demand, and the country’s trade balance.
August 11, 2025 • 20-min read
Canada’s 20-year Outlooks
Pushing the Boundaries
Canada’s economy will need to navigate a long sequence of challenges over the next 20 years. Demographic shifts will lead to gaps in the labour market and put pressure on government finances. The march toward lower greenhouse gas emissions will limit investment in Canada’s abundant oil and gas sector. Meanwhile, climate and geopolitical risks will remain escalated, adding another threat to the country’s long-term prosperity.
January 27, 2025 • 20-min read
Demographics and Labour
Fiscal Policy
Households and Housing
Business Investment and Energy
Output and Productivity
Sectors and Trade
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