Provincial Five-Year Outlook
Français 20-Year Outlook By CBoC Economics Team • Updated December 6, 2024
Growth Rekindled
Now that inflation is falling and the Bank of Canada is well on its way in its cutting cycle, the economy is set to face fewer headwinds in 2025. The Bank of Canada followed up its initial rate cut in June with three more, reducing its key interest rate by another 100 basis points by the end of October.
November 26, 2024 • 20-min read
Provincial Five-Year Outlooks
Alberta
British Columbia
Manitoba
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New Brunswick
Newfoundland & Labrador
Nova Scotia
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Ontario
Prince Edward Island
Quebec
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Québec
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Saskatchewan
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Southern Exposure
With inflation largely contained and entering the upper range of the Bank of Canada’s 1- to 3-per-cent target range, the Canadian economy is entering a new phase of the business cycle. The Bank of Canada was a first mover on interest rates in June, reducing the policy rate a quarter point to 4.75 per cent, which was followed by another 25-basis-point cut in late July.
August 19, 2024 • 20-min read
Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland & Labrador
Economy Poised for Growth but Medium-Term Prospects Are Dim
September 12, 2024 • 11-min read
Forthcoming
Nova Scotia
Ontario
Prince Edward Island
Quebec
Québec
Saskatchewan
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