Industries Running Low on Steam: Canada’s Five-Year Industry Trends Outlook—November 2023

Industries Running Low on Steam: Canada’s Five-Year Industry Trends Outlook—November 2023

Canadian Economic Analysis Industry Economic Analysis
20 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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High interest rates needed to fight stubborn inflation in Canada and across the globe, including the U.S., will weigh on domestic and global demand over the short term. When will inflation come down enough to give the green light to the Bank of Canada to begin cutting interest rates? What is the outlook for agriculture output this year, and what is the projected outlook until 2028? How will the forestry industry fare during the next few years? What obstacles will the construction sector face? What is the expected outlook for the manufacturing sector? And what are the challenges for commercial and non-commercial services?

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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