Better Days Ahead for Business Investment: Canada’s Five-Year Business Investment Outlook—November 2024

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Better Days Ahead for Business Investment: Canada’s Five-Year Business Investment Outlook—November 2024

Canadian
8 min read

Author: David Ristovski

$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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With interest rates decreasing and high demand for labour, particularly in construction, can we expect business investment to rebound by early next year? Investments related to electric vehicles are brightening our outlook. Will concerns about driving range and charging infrastructure soften demand for EVs? Will these concerns have negative impacts on investment in related industries? Will investment in machinery and equipment pick up the slack?

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