Industries Lose Steam in 2024: Canada’s Five-Year Industry Trends Outlook—April 2024

Industries Lose Steam in 2024: Canada’s Five-Year Industry Trends Outlook—April 2024

Canadian
12 min read

Author: Doris Chu

$225.00

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

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This outlook examines the industry outlook for the Canadian economy for the next five years.

Which sectors of the economy—including primary resources, construction, manufacturing, commercial and non-commercial services, and others—will show the majority of the strength in industrial gross domestic product (GDP) in the short term? Will inflation begin to come down enough in the coming months to convince monetary authorities in Canada and the United States to begin cutting interest rates this summer? Will industries continue to endure modest growth in 2024? And will stronger domestic and global demand boost average annual GDP growth between 2025 and 2028?

Read the industry trends outlook to get our full analysis.

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