Starting to Slow: Canada’s Three-Year Labour and Household Outlook

a man is holding a paper shopping bag

Starting to Slow: Canada’s Three-Year Labour and Household Outlook

Pages:17 pages20 min read

Author: The Conference Board of Canada


This quarterly economic forecast presents the medium-term outlook for the Canadian economy. This release focuses on household income and employment.

Want a discount? Become a member by purchasing a subscription! Learn More

This quarter, we consider the effects of elevated price growth, continuing high interest rates, and the vagaries of the employment landscape on Canada’s economic outlook.

The consumer price index continues its above-target growth, and recession threatens. What effect will the resulting household savings rates and dampened consumer spending have on Canada’s medium-term economic health? What dynamics will affect labour demand and unemployment, and how does international migration factor in? We share our outlook for household consumption and the labour market, including the forces that will help or hinder employment growth over the period.

Read the impact paper to get our full analysis.

Key findings
Labour and households snapshot
Labour market outlook
Household finances
When will consumers’ resilience wane?

Require an accessible version of this research?

Upon request, The Conference Board of Canada offers accessible versions of research. Please contact us to request your accessible version.

Learn more about our accessibility policies.


Be the first to review “Starting to Slow: Canada’s Three-Year Labour and Household Outlook”

There are no reviews yet.