Canada’s Five-Year Household Income and Employment Outlook—April 2025

Canada’s Five-Year Household Income and Employment Outlook—April 2025

Business and Household Indicators Canadian Economic Analysis
10 min read

Author: Maxime Arseneau

$225.00

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

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Tariffs and Migration Shape the Forecast

This quarter, we look at the effects of U.S. tariffs, a tight labour market, and an aging workforce on Canadians’ household income and employment.

Will wage growth be pushed above the rate of inflation? How will trade barriers affect job losses, and which sectors will be hit hardest? We share our forecast for Canadian household income and employment, including short-term disruptions and long-term structural shifts.

Read the online experience to get our full analysis.

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