Cautious Optimism After Short-Lived Slowdown: Canada’s Three-Year Business and Industry Outlook

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Cautious Optimism After Short-Lived Slowdown: Canada’s Three-Year Business and Industry Outlook

Canadian
Pages:17 pages15 min read

Author: The Conference Board of Canada

$225.00

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

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This impact paper examines the business and industry outlook for the Canadian economy for the next three years.

Business investment appears to be hampered in the short term; however, investment in the resource sector looks to be promising. Slower GDP growth is in store for most industries over the short term, but will this hold true for non-commercial services? How will the high inflation and interest rate environment affect output for several commercial services over the short term? How will softer domestic and global demand affect manufacturing output this year? And what will be the key theme for all levels of government over the forecast period.

Read the impact paper to get our full analysis.

Key findings
Business investment snapshot
Investment outlook
Industry trends
Primary resources outlook
Construction output stays afloat despite slumping residential investment
Softer global demand weighs on manufacturing output
Commercial services output slows to a crawl
Demographic trends shape the non‑commercial services outlook
Public administration output to ease as government spending moderates
Methodology

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