1. Market Research
  2. > Country Economic Forecasts > Canada

Country Economic Forecasts > Canada

  • March 2017
  • -
  • Oxford Economics
  • -
  • 13 pages

Summary

Table of Contents

Search Inside

Real GDP finished 2016 on a fairly strong note, growing at a 2.6% annualized pace in Q4. The gain was underpinned by boosts from household consumption and a one-off decline in imports. In 2016 as a whole GDP growth averaged a sluggish 1.4%, restrained in large part by the continued adjustment of Canada's economy to much lower oil prices. Looking ahead, we expect that GDP growth will pick up to 1.9% in 2017, supported by rising non-energy activity, accommodative monetary and fiscal policy and gently rising oil prices. However, elevated house prices, overburdened household balance sheets, possible NAFTA renegotiation, and a renewed decline in oil prices all continue to pose risks to the outlook.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.