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This quarterly economic forecast presents the medium-term outlook for the Canadian economy. This release focuses on household consumption. For an overview of all major components of the economy, go to the Canadian Outlook main page.
This quarter, we look at the effects of tightening monetary policy, the rising cost of living, and higher mortgage interest payments on consumer household consumption.
What are our predictions for real household spending over the next five years? How does strong population growth factor into this? How will mortgage debt and anticipated higher interest payments affect consumer consumption?
Read the online experience to get our full analysis.
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