Muted Momentum: Canada’s Five-Year Household Income and Employment Outlook—November 2024

Muted Momentum: Canada’s Five-Year Household Income and Employment Outlook—November 2024

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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This quarter, we look at the effects of federal immigration policies, weaker labour market conditions, and baby-boomer retirements on Canadians’ household income and employment.

Will the unemployment rate improve over the forecast period? What will be the effects of the federal government’s measures to constrain the rise in non-permanent residents? This research looks at the major factors affecting Canadians’ household income and employment.

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