Published twice a year, the Canadian Industrial Outlook Service includes detailed, five-year forecasts in 10 key Canadian industry sectors. Outlooks for several financial and economic variables—prices, production, revenues and expenditures, profits, gross domestic product, and employment—are generated, based on forecasts of key domestic and international factors such as interest rates, exchange rates and tax policy.
Document Highlight
The Canadian aerospace industry will look back on 2002 and 2003 as a painful gauntlet. The industry’s overall real GDP declined 2.7 per cent in 2002, but this was a relatively mild decrease compared with the 10.7 per cent drop predicted for 2003. The good news is that starting in the first quarter of 2004, the industry will see a smidgeon of light at the end of the tunnel. The current slump is expected to end in 2004, following a return to relative stability in the fourth quarter of 2003. However, a significant upswing in the industry is not expected until the second or third quarter of 2004, when most of the industry’s indicators will start moving up again.
There are no reviews yet.