Markets Actual Q3 Q4 Q1 Q2 2020
Currency 1.33 1.33 1.34 1.35 1.35 1.36
Stock Market (points) 16899.69 16550 16410 16270 16131 15859
Government Bond 10Y (%) 1.39 1.56 1.62 1.67 1.73 1.85
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.90 0.2 0.5 0.4 0.3 0.4
GDP Annual Growth Rate (%) 1.60 1.5 1.3 1.5 1.6 1.5
GDP Growth Annualized (%) 3.70 1.5 1.2 1 1.3 1.6
Unemployment Rate (%) 5.70 5.8 5.9 6 6.2 6.4
Inflation Rate (%) 1.90 1.8 2 2.1 2.2 2.2
Interest Rate (%) 1.75 1.75 1.5 1.5 1.5 1.25
Balance of Trade (CAD Million) -1124.40 -3000 500 -3300 -1600 3200
Current Account to GDP (%) -2.60 -2.5 -2.5 -2.2 -2.2 -2.2
Government Debt to GDP (%) 90.60 93 93 90 90 90
Government Budget (% of GDP) -0.70 -0.9 -0.9 -0.8 -0.8 -0.8
Business Confidence (Index Points) 60.60 58 55 57 55.8 52
Manufacturing PMI 49.10 49.8 54 53.5 53 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 Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.90 0.2 0.5 0.4 0.3 0.4
GDP Annual Growth Rate (%) 1.60 1.5 1.3 1.5 1.6 1.5
GDP Growth Annualized (%) 3.70 1.5 1.2 1 1.3 1.6
GDP (USD Billion) 1709.30 2000 2000 2160 2160 2160
GDP Constant Prices (CAD Million) 2085470.00 2093495 2090718 2096947 2099013 2122078
Gross National Product (CAD Million) 2272620.00 2243138 2221169 2254051 2256272 2254486
Gross Fixed Capital Formation (CAD Million) 426101.00 444025 432965 438182 438613 439460
GDP per capita (USD) 51357.80 52200 52200 53000 53000 53000
GDP per capita PPP (USD) 44051.05 44700 44700 45280 45280 45280
GDP From Agriculture (CAD Million) 42003.00 41006 41081 41076 40954 41697
GDP From Construction (CAD Million) 138465.00 141259 137565 138835 139029 139629
GDP From Manufacturing (CAD Million) 202864.00 206953 205198 208849 206514 208276
GDP From Mining (CAD Million) 153524.00 153634 151168 147074 154856 153435
GDP From Public Administration (CAD Million) 132650.00 131636 132056 132946 133290 134037
GDP From Services (CAD Million) 1389549.00 1387819 1391036 1402054 1405467 1411902
GDP From Transport (CAD Million) 89019.00 90087 89611 89881 89666 90955
GDP From Utilities (CAD Million) 42760.00 43607 43381 43864 43549 44031
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 5.70 5.8 5.9 6 6.2 6.4
Part Time Employment (Thousand) 57.20 20 20 -10 26 15
Full Time Employment (Thousand) 23.80 30 15.27 30 18 15.26
Labor Force Participation Rate (%) 65.80 65.6 65.8 65.8 65.6 65
Youth Unemployment Rate (%) 11.50 10.92 12 11.8 12 11.8
Productivity (Index Points) 106.30 106 107 108 108 109
Wages (CAD/Hour) 25.74 25.91 26.3 26.13 26.33 27.09
Wages in Manufacturing (CAD/Hour) 25.89 25.89 27.03 26.36 26.49 27.84
Minimum Wages (CAD/Hour) 14.00 14 14 15.5 15.5 15.5
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 2706 2645 2642 2639 2724
Adp Employment Change (Thousand) 49.30 48 -10 23.59 25 10
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 1.90 1.8 2 2.1 2.2 2.2
Consumer Price Index CPI (Index Points) 136.80 136 136 138 139 139
Core Consumer Prices (Index Points) 134.40 134 135 136 137 138
Core Inflation Rate (%) 1.90 1.8 1.9 2.1 2 2.2
Producer Prices (Index Points) 117.30 119 119 121 121 123
Producer Prices Change (%) -1.70 0.5 1.8 2.3 2.7 3
Food Inflation (%) 3.60 2.4 1.9 2.1 2.2 2.2
CPI Housing Utilities (Index Points) 144.60 144 145 147 147 148
CPI Transportation (Index Points) 143.30 141 141 144 146 144
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 1.75 1.75 1.5 1.5 1.5 1.25
Interbank Rate (%) 1.97 1.96 1.96 1.96 1.96 1.96
Deposit Interest Rate (%) 1.81 1.81 1.81 1.81 1.81 1.81
Private Debt to GDP (%) 266.50 265 265 262 262 262
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (CAD Million) -1124.40 -3000 500 -3300 -1600 3200
Current Account to GDP (%) -2.60 -2.5 -2.5 -2.2 -2.2 -2.2
Imports (CAD Million) 50888.20 51000 49000 54300 51600 49800
Exports (CAD Million) 49763.80 48000 49500 51000 50000 53000
Crude Oil Production (BBL/D/1K) 4184.00 4000 4450 4450 4450 4300
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 90.60 93 93 90 90 90
Government Budget (% of GDP) -0.70 -0.9 -0.9 -0.8 -0.8 -0.8
Government Spending (CAD Million) 424534.00 424622 426040 429224 429647 432431
Taxes Actual Q3 Q4 Q1 Q2 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 (%) 14.09 13.81 13.81 13.81 14.09 13.81
Social Security Rate For Companies (%) 7.37 7.23 7.23 7.23 7.37 7.23
Social Security Rate For Employees (%) 6.72 6.58 6.58 6.58 6.72 6.58
Business Actual Q3 Q4 Q1 Q2 2020
Business Confidence (Index Points) 60.60 58 55 57 55.8 52
Manufacturing PMI 49.10 49.8 54 53.5 53 52
Industrial Production (%) 1.44 1.3 1.1 1.6 1.8 1.5
Leading Economic Index (%) 0.20 -0.1 0.1 0.3 0.2 0.2
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (CAD Million) 1177341.00 1182057 1182567 1195070 1196248 1200306
Bank Lending Rate (%) 3.95 3.95 3.95 3.95 3.95 3.95
Gasoline Prices (USD/Liter) 0.90 0.86 0.84 0.81 0.79 0.79
Housing Actual Q3 Q4 Q1 Q2 2020
Housing Index (Index Points) 102.90 103 104 104 104 105


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.