Markets Actual Q1 Q2 Q3 Q4 2020
Currency 1.34 1.32 1.33 1.34 1.35 1.36
Stock Market (points) 16089.33 15860 15722 15585 15450 15183
Government Bond 10Y (%) 1.60 1.98 2.02 2.06 2.11 2.2
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.10 0.5 0.6 0.2 0.5 0.6
GDP Annual Growth Rate (%) 1.60 2.7 2.6 2.7 1.7 1.5
GDP Growth Annualized (%) 0.40 1.3 2 1.9 1.7 1.6
Unemployment Rate (%) 5.80 6 5.8 5.8 6.3 6.7
Inflation Rate (%) 1.50 1.4 2.3 2.5 2.1 2.2
Interest Rate (%) 1.75 1.75 1.75 1.75 1.75 2.5
Balance of Trade (CAD Million) -4593.40 -1500 -1100 -3000 -3400 -2800
Current Account to GDP (%) -3.00 -2.5 -2.5 -2.5 -2.5 -2.2
Government Debt to GDP (%) 89.60 93 93 93 93 90
Government Budget (% of GDP) -0.90 -0.7 -0.7 -0.7 -0.7 -0.7
Business Confidence (Index Points) 50.60 50.4 52 55 55 52
Manufacturing PMI 52.60 52.5 54.9 54.9 54 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 Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 0.10 0.5 0.6 0.2 0.5 0.6
GDP Annual Growth Rate (%) 1.60 2.7 2.6 2.7 1.7 1.5
GDP Growth Annualized (%) 0.40 1.3 2 1.9 1.7 1.6
GDP (USD Billion) 1653.04 2000 2000 2000 2000 2160
GDP Constant Prices (CAD Million) 2063439.00 1928484 1940323 2114700 2094109 2125520
Gross National Product (CAD Million) 2193020.00 2227189 2252411 2266552 2244482 2278150
Gross Fixed Capital Formation (CAD Million) 424259.00 460591 459193 453786 449368 456108
GDP per capita (USD) 51315.89 52200 52200 52200 52200 53000
GDP per capita PPP (USD) 44017.59 44700 44700 44700 44700 45280
GDP From Agriculture (CAD Million) 40595.00 35920 36607 36151 35399 35930
GDP From Construction (CAD Million) 135420.00 149644 149265 145137 143607 145761
GDP From Manufacturing (CAD Million) 201119.00 207229 207203 207528 206858 209961
GDP From Mining (CAD Million) 150615.00 155798 155737 153661 152410 154696
GDP From Public Administration (CAD Million) 129628.00 131097 131823 131955 130938 132902
GDP From Services (CAD Million) 1373372.00 1386410 1395392 1404769 1395210 1416138
GDP From Transport (CAD Million) 88445.00 89675 90095 91399 90266 91620
GDP From Utilities (CAD Million) 43101.00 43178 43106 44186 44422 45088
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 5.80 6 5.8 5.8 6.3 6.7
Labor Force Participation Rate (%) 65.80 65.6 65.2 65.1 66 65
Youth Unemployment Rate (%) 10.80 11.5 10.92 10.91 12 11.8
Wages (CAD/Hour) 25.70 25.74 25.55 25.87 26.34 27.13
Wages in Manufacturing (CAD/Hour) 26.57 26.44 25.59 25.92 27.23 28.05
Minimum Wages (CAD/Hour) 14.00 14 14 14 14 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 2709 2711 2706 2644 2724
Adp Employment Change (Thousand) 36.20 18.89 24.75 24.21 23.59 23.9
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 1.50 1.4 2.3 2.5 2.1 2.2
Consumer Price Index CPI (Index Points) 134.50 136 137 137 136 139
Core Consumer Prices (Index Points) 133.10 133 133 134 135 138
Core Inflation Rate (%) 1.50 1.5 1.6 1.5 2.3 2.2
Producer Prices (Index Points) 116.70 124 126 126 119 120
Producer Prices Change (%) 1.00 2 3 4 4.5 4.1
Food Inflation (%) 3.20 2.9 2.2 1.4 1.9 2.4
CPI Housing Utilities (Index Points) 143.40 143 144 145 145 148
CPI Transportation (Index Points) 137.90 141 144 142 140 143
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 1.75 1.75 1.75 1.75 1.75 2.5
Interbank Rate (%) 2.03 2.31 2.31 2.31 2.31 2.31
Deposit Interest Rate (%) 0.10 0.1 0.1 0.1 0.1 0.1
Private Debt to GDP (%) 266.61 260 260 260 260 255
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (CAD Million) -4593.40 -1500 -1100 -3000 -3400 -2800
Current Account to GDP (%) -3.00 -2.5 -2.5 -2.5 -2.5 -2.2
Imports (CAD Million) 50902.20 52000 50800 51000 49000 49800
Exports (CAD Million) 46308.80 50500 49700 48000 49500 53000
Terms of Trade (Index Points) 87.40 93.89 93.88 93.88 89.78 90.65
Crude Oil Production (BBL/D/1K) 4225.00 4000 4200 4000 4450 4300
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 89.60 93 93 93 93 90
Government Budget (% of GDP) -0.90 -0.7 -0.7 -0.7 -0.7 -0.7
Government Budget Value (CAD Million) 2452.00 1147 1052 1029 -312 -312
Government Spending (CAD Million) 417805.00 374621 375730 428485 424313 430677
Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Business Confidence (Index Points) 50.60 50.4 52 55 55 52
Manufacturing PMI 52.60 52.5 54.9 54.9 54 52
Industrial Production (%) 4.20 2.57 4.1 2.7 2.2 0.9
Capacity Utilization (%) 81.70 85.2 85 84 82.5 83
Leading Economic Index (%) -0.10 0 0.2 -0.1 0.1 0.2
Consumer Actual Q1 Q2 Q3 Q4 2020
Consumer Spending (CAD Million) 1166783.00 1105759 1111853 1192739 1181125 1198842
Bank Lending Rate (%) 3.95 3.95 3.95 3.95 3.95 3.95
Gasoline Prices (USD/Liter) 0.86 0.84 0.82 0.8 0.78 0.78
Housing Actual Q1 Q2 Q3 Q4 2020
Housing Index (Index Points) 103.20 103 103 103 104 106


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.