Trade Provides Some Relief: Canada’s Five-Year International Trade Outlook – February 2024

Trade Provides Some Relief: Canada’s Five-Year International Trade Outlook – February 2024

Canadian
10 min read

Author: Doris Chu

$225.00

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

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In this research, we forecast Canada’s international trade to 2028. Considering the economic outlook of Canada and its trading partners, we assess Canadian merchandise and non-merchandise exports and imports.

How will Canadian exports fare in the face of the anticipated economic slowdown of its largest trading partner? How will Canada’s current account balance look over this forecast? We share our outlook for Canada’s international trade, including the impact on trade of the projected value of the Canadian dollar and the trajectory of imports into Canada.

Read the issue briefing for our full analysis.

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