Roadblocks on the Path to Balance: Canada’s Five-Year Government Outlook—November 2023

Roadblocks on the Path to Balance: Canada’s Five-Year Government Outlook—November 2023

Canadian
20 min read

Author: Cory Renner

$225.00

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

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This quarter, we consider the effects of continued high interest rates, a slowing economy, and demographic demands on the outlook for government finances in Canada.

In the current uncertain financial environment, how difficult will it be for governments to balance their books? What areas of spending will continue to increase, and what areas can governments look to cut? We share our outlook for federal, provincial, and municipal governments in Canada, including revenues, consumption, and investment spending.

Read the outlook 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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