Reaching the Inflection Point: Canada’s Five-Year Business Investment Outlook—April 2024

Reaching the Inflection Point: Canada’s Five-Year Business Investment Outlook—April 2024

Canadian
8 min read

Author: Richard Forbes

$225.00

This quarterly economic forecast presents the medium-term outlook for the Canadian economy. This release focuses on business investment. For an overview of all major components of the economy, go to the Canadian Outlook main page.

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Despite ongoing concerns with high interest rates and labour shortages, business confidence has started to improve after hitting historic lows over the last two years. Anticipated interest rate cuts are encouraging investors to give capital projects the go-ahead, and investment will rise steadily between 2026 and 2028.

There are clear glimmers of optimism for business leaders. But there are key factors to keep in mind. This report touches the impact that geopolitical unrest, the upcoming U.S. election, as well as the transition to lower-emission energy sources will have on Canada’s major industrial sectors.

Read the issue briefing to get our full analysis.

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