Survey of Forecasters: Summer 2002

This quarterly survey reflects the opinions of Canada’s top forecasting organizations and their outlook for the Canadian economy.

Document Highlights 

The forecasters surveyed by the Conference Board in June were much more optimistic about prospects for the Canadian economy this year than those polled in March. Respondents expect real GDP to expand by 3.5 per cent in 2002, up from the 2.8 per cent growth anticipated in March. The major factor behind the higher growth was a more optimistic view of Canada’s housing market.