Stalling for Now: Canada’s Five-Year Business Investment Outlook—November 2023

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Stalling for Now: Canada’s Five-Year Business Investment Outlook—November 2023

Canadian
20 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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Non-residential business investment is expected to rise by just 1.2 per cent in 2023 and 0.4 per cent next year. Will high borrowing costs continue to discourage new business investment, or can we expect some relief in the cost of capital over the medium term? Will the shift to more-flexible work environments continue to hamper new commercial investment? And as emissions concerns pivot oil and gas companies toward investment in carbon capture and storage, what industries will step in to propel the economy forward?

Read the online experience to get our full analysis.

Disclaimer

Disclaimer: Forecasts and research often involve numerous assumptions and data sources and are subject to inherent risks and uncertainties. This information is not intended as specific investment, accounting, legal, or tax advice.

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