This quarterly economic forecast provides highlights of the Canadian Outlook report, which presents the short-term national outlook.
Canadian Outlook Executive Summary: Summer 2011
Canadian Outlook Executive Summary: Summer 2011
Canadian
$595.00
- Greater caution among households and austere government spending will pull real GDP growth back to 2.5 per cent in 2011, down from 3.2 per cent last year.
- The U.S. economy slowed markedly in the first quarter, due in part to weather-related factors and supply-chain disruptions following the disaster in Japan.
- Because of external factors, risks to the outlook remain unusually high.
- These risks have kept the Bank of Canada on the sidelines with respect to rate hikes, despite solid first-quarter economic growth and a recent surge in consumer prices.
- Resource exports and business investment provide the bright spots to the outlook.
Customers Who Downloaded This Also Liked
10 min read
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.
