Canada’s Outlook to 2045
Français 5-Year Outlook By CBoC Economics Team • Updated March 5, 2025
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
Canada’s Outlooks to 2045
Demographics and Labour
Fiscal Policy
Households and Housing
Business Investment and Energy
Output and Productivity
Sectors and Trade
A Need to Shift Gears
Canada’s economy is beginning its path toward the next 20 years from a standing start. With zero growth through most of 2023 and into 2024, the nature of how well it can recover structurally will set the tone for Canada’s long-term prospects. We hold the view that the U.S. Federal Reserve and the Bank of Canada are in the final stages of beating inflationary pressures back into submission.
July 17, 2023 • 20-min read
Aggregate demand
Shifts in Demographics, Clean Energy, and Interest Rates Shaping Economy
January 15, 2024 • 40-min read
Forthcoming
Canada’s Potential Output
Demographics
Energy
Fiscal policy
Labour markets
Questions?
If you have any questions about the Canada’s Outlook to 2045 or about becoming a subscriber, please contact our sales team.
1-888-801-8818
Become a Subscriber
Get the information behind the headlines. The Complete Access Economics Package delivers key intelligence to your fingertips so you can act on critical opportunities with confidence.