Markets Actual Q4 Q1 Q2 Q3 2020
Currency 1.35 1.29 1.3 1.31 1.31 1.34
Stock Market (points) 14416.89 16025 15918 15813 15710 15300
Government Bond 10Y (%) 2.00 2.54 2.59 2.64 2.69 2.91
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.50 0.4 0.5 0.6 0.6 0.6
GDP Annual Growth Rate (%) 1.90 2.1 2.7 2.6 2.7 1.5
GDP Growth Annualized (%) 2.00 2.1 1.8 2.2 2.25 1.9
Unemployment Rate (%) 5.60 5.9 6 5.8 5.8 6.7
Inflation Rate (%) 2.40 2.4 2.3 2.3 2.5 2.2
Interest Rate (%) 1.75 1.75 2 2.25 2.5 2.75
Balance of Trade (CAD Million) -1165.20 -1200 -1500 -1100 -3000 -2800
Current Account to GDP (%) -3.00 -2.8 -2.5 -2.5 -2.5 -1.9
Government Debt to GDP (%) 89.60 94 93 93 93 93
Government Budget (% of GDP) -0.90 -0.8 -0.7 -0.7 -0.7 -0.7
Business Confidence (Index Points) 57.20 59 60 58 57 52
Manufacturing PMI 54.90 55 55.4 55.41 54.9 52
Corporate Tax Rate (%) 26.50 26.5 26.5 26.5 26.5 26.5
Personal Income Tax Rate (%) 33.00 33 33 33 33 33
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.50 0.4 0.5 0.6 0.6 0.6
GDP Annual Growth Rate (%) 1.90 2.1 2.7 2.6 2.7 1.5
GDP Growth Annualized (%) 2.00 2.1 1.8 2.2 2.25 1.9
GDP (USD Billion) 1653.04 1800 2000 2000 2000 2160
GDP Constant Prices (CAD Million) 2059104.00 1860000 1928484 1940323 1959463 1900000
Gross National Product (CAD Million) 2206964.00 2196396 2227189 2252411 2230028 2267240
Gross Fixed Capital Formation (CAD Million) 441856.00 397690 422278 422809 420114 425000
GDP per capita (USD) 51315.89 51700 52200 52200 52200 53000
GDP per capita PPP (USD) 44017.59 44150 44700 44700 44700 45280
GDP From Agriculture (CAD Million) 35498.00 28535 28632 28801 29359 30500
GDP From Construction (CAD Million) 141262.00 127597 130642 131132 130746 120000
GDP From Manufacturing (CAD Million) 202486.00 186878 188527 188893 188576 180000
GDP From Mining (CAD Million) 150079.00 157001 159836 161786 160397 136000
GDP From Public Administration (CAD Million) 128434.00 111811 113077 113667 115142 111000
GDP From Services (CAD Million) 1368480.00 1260757 1272835 1281144 1290325 1330000
GDP From Transport (CAD Million) 88952.00 81139 82466 83044 83206 82200
GDP From Utilities (CAD Million) 43000.00 40815 40834 40162 42654 39200
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 5.60 5.9 6 5.8 5.8 6.7
Labor Force Participation Rate (%) 65.40 65.6 65.6 65.2 65.1 65
Youth Unemployment Rate (%) 10.80 12 11.5 10.92 10.91 11.8
Wages (CAD/Hour) 25.24 25 24.6 25.15 25.15 25.8
Wages in Manufacturing (CAD/Hour) 25.29 27.4 27.9 25.16 25.16 30
Minimum Wages (CAD/Hour) 14.00 14 15 15 15 15
Retirement Age Women 65.00 65 65 65 65 65
Retirement Age Men 65.00 65 65 65 65 65
Living Wage Family (CAD/Month) 2580.00 2750 2830 2578 2567 2800
Adp Employment Change (Thousand) -23.00 34.53 18.89 24.75 24.21 23.9
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 2.40 2.4 2.3 2.3 2.5 2.2
Consumer Price Index CPI (Index Points) 134.10 134 136 137 137 140
Core Consumer Prices (Index Points) 132.20 132 133 133 134 139
Core Inflation Rate (%) 1.60 1.6 1.5 1.6 1.5 2.2
Producer Prices (Index Points) 119.20 118 123 126 125 120
Producer Prices Change (%) 5.30 6.3 5.8 5.4 5.8 4.1
Food Inflation (%) 2.00 1.5 1.8 1.6 1.4 2.4
CPI Housing Utilities (Index Points) 142.00 143 143 144 145 149
CPI Transportation (Index Points) 139.30 139 141 144 142 145
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) 1.75 1.75 2 2.25 2.5 2.75
Interbank Rate (%) 2.29 2.19 2.44 2.69 2.94 3.19
Deposit Interest Rate (%) 0.10 0.1 0.35 0.6 0.85 1.1
Private Debt to GDP (%) 266.61 265 260 260 260 255
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (CAD Million) -1165.20 -1200 -1500 -1100 -3000 -2800
Current Account to GDP (%) -3.00 -2.8 -2.5 -2.5 -2.5 -1.9
Imports (CAD Million) 50488.30 52100 52000 50800 51000 49800
Exports (CAD Million) 49323.10 50400 50500 49700 48000 53000
Terms of Trade (Index Points) 94.40 88.24 93.89 93.88 93.88 90.65
Crude Oil Production (BBL/D/1K) 4287.00 4400 4000 4200 4000 4300
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 89.60 94 93 93 93 93
Government Budget (% of GDP) -0.90 -0.8 -0.7 -0.7 -0.7 -0.7
Government Budget Value (CAD Million) -1356.00 1007 1147 1052 1029 1036
Government Spending (CAD Million) 417220.00 370044 374621 375730 377638 381980
Taxes Actual Q4 Q1 Q2 Q3 2020
Corporate Tax Rate (%) 26.50 26.5 26.5 26.5 26.5 26.5
Personal Income Tax Rate (%) 33.00 33 33 33 33 33
Sales Tax Rate (%) 5.00 5 5 5 5 5
Social Security Rate (%) 13.81 13.81 13.81 13.81 13.81 13.81
Social Security Rate For Companies (%) 7.23 7.23 7.23 7.23 7.23 7.23
Social Security Rate For Employees (%) 6.58 6.58 6.58 6.58 6.58 6.58
Business Actual Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 57.20 59 60 58 57 52
Manufacturing PMI 54.90 55 55.4 55.41 54.9 52
Industrial Production (%) 2.76 1.9 2.57 4.1 2.7 0.9
Capacity Utilization (%) 82.60 85 85.2 85 84 83
Leading Economic Index (%) -0.10 0.1 0 0.2 -0.1 0.2
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Spending (CAD Million) 1161382.00 1096510 1105759 1111853 1123432 1110000
Bank Lending Rate (%) 3.95 3.7 3.95 4.2 4.45 4.7
Gasoline Prices (USD/Liter) 0.85 0.93 0.91 0.89 0.88 0.81
Housing Actual Q4 Q1 Q2 Q3 2020
Housing Index (Index Points) 103.30 103 103 103 103 106


This page has economic forecasts for Canada including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Canada economy.