Stirring the Pot: Canada’s Five-Year Outlook—June 2024

Stirring the Pot: Canada’s Five-Year Outlook—June 2024

22 min read

Author: Cory Renner, Doris Chu, Kiefer Van Mulligen, Liam Daly, Maxime Arseneau, Meghan Eibner, Richard Forbes, Robin Wiebe, Ted Mallett


This quarterly economic forecast provides highlights of the Canadian Outlook report, which presents the short-term national outlook.

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This quarter, we look at the way forward for the economy now that the Bank of Canada has started cutting interest rates.

After a long hiatus, how much will business investment improve over the next two years? How long will it take for consumers to feel the effects of monetary easing? We share our forecast for Canada’s economic and fiscal outlook over the next five years, including gross domestic product, interest rates, jobs, business investment, housing markets, and international trade.

Read the online experience to get our full analysis.

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