Markets Actual Q4 Q1 Q2 Q3 2020
Currency 1.31 1.33 1.34 1.34 1.35 1.36
Stock Market (points) 16426.30 16517 16377 16237 16099 15827
Government Bond 10Y (%) 1.58 1.41 1.46 1.51 1.56 1.67
Overview Actual Q4 Q1 Q2 Q3 2020
GDP Growth Rate (%) 0.90 0.5 0.4 0.3 0.4 0.4
GDP Annual Growth Rate (%) 1.60 1.3 1.5 1.6 1.7 1.5
GDP Growth Annualized (%) 3.70 1.2 1 1.3 1.5 1.6
Unemployment Rate (%) 5.50 5.9 6 6.2 6.4 6.4
Inflation Rate (%) 1.90 2 2.1 2.2 2.2 2.2
Interest Rate (%) 1.75 1.5 1.5 1.5 1.25 1.25
Balance of Trade (CAD Million) -955.30 500 -3300 -3300 -1600 3200
Current Account to GDP (%) -2.60 -2.5 -2.2 -2.2 -2.2 -2.2
Government Debt to GDP (%) 89.70 93 90 90 90 90
Government Budget (% of GDP) -0.70 -0.9 -0.8 -0.8 -0.8 -0.8
Business Confidence (Index Points) 48.70 55 57 55.8 54.5 52
Manufacturing PMI 51.00 54 53.5 53 52.5 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 (%) 0.90 0.5 0.4 0.3 0.4 0.4
GDP Annual Growth Rate (%) 1.60 1.3 1.5 1.6 1.7 1.5
GDP Growth Annualized (%) 3.70 1.2 1 1.3 1.5 1.6
GDP (USD Billion) 1709.30 2000 2160 2160 2160 2160
GDP Constant Prices (CAD Million) 2085470.00 2098517 2102644 2096947 2099013 2138389
Gross National Product (CAD Million) 2272620.00 2230301 2234687 2254051 2256272 2272677
Gross Fixed Capital Formation (CAD Million) 426101.00 431471 432320 438182 438613 439669
GDP per capita (USD) 51357.80 52200 53000 53000 53000 53000
GDP per capita PPP (USD) 44051.05 44700 45280 45280 45280 45280
GDP From Agriculture (CAD Million) 42265.00 41285 41667 41076 40954 42070
GDP From Construction (CAD Million) 137465.00 137722 140739 138835 139029 140339
GDP From Manufacturing (CAD Million) 202491.00 204538 207951 208849 206514 208424
GDP From Mining (CAD Million) 148819.00 153175 147532 147074 154856 156086
GDP From Public Administration (CAD Million) 132427.00 131832 132702 132946 133290 134336
GDP From Services (CAD Million) 1394150.00 1396719 1402100 1402054 1405467 1423257
GDP From Transport (CAD Million) 88815.00 89949 90560 89881 89666 91658
GDP From Utilities (CAD Million) 43436.00 43834 44090 43864 43549 44667
Labour Actual Q4 Q1 Q2 Q3 2020
Unemployment Rate (%) 5.50 5.9 6 6.2 6.4 6.4
Part Time Employment (Thousand) -16.30 20 -10 26 11 15
Full Time Employment (Thousand) 70.00 30 30 18 20 15.26
Labor Force Participation Rate (%) 65.70 65.8 65.8 65.6 65.4 65
Youth Unemployment Rate (%) 11.90 12 11.8 12 11.9 11.8
Productivity (Index Points) 106.30 107 108 108 109 109
Wages (CAD/Hour) 25.54 26.34 26.05 26.13 26.33 27.13
Wages in Manufacturing (CAD/Hour) 26.05 27.23 25.75 26.36 26.49 28.05
Minimum Wages (CAD/Hour) 14.00 14 15.5 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 2644 2642 2642 2639 2724
Adp Employment Change (Thousand) 28.20 -10 -10 25 50 10
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 1.90 2 2.1 2.2 2.2 2.2
Consumer Price Index CPI (Index Points) 136.20 136 137 138 139 139
Core Consumer Prices (Index Points) 134.50 135 136 136 137 138
Core Inflation Rate (%) 1.90 1.9 2.1 2 2.1 2.2
Producer Prices (Index Points) 117.50 122 122 122 121 127
Producer Prices Change (%) -1.00 1.8 2.3 2.7 2.9 3
Food Inflation (%) 3.70 1.9 2.1 2.2 2 2.2
CPI Housing Utilities (Index Points) 144.80 145 146 147 147 148
CPI Transportation (Index Points) 140.30 141 141 144 146 144
Money Actual Q4 Q1 Q2 Q3 2020
Interest Rate (%) 1.75 1.5 1.5 1.5 1.25 1.25
Interbank Rate (%) 1.98 2.02 2.27 1.97 1.97 2.27
Deposit Interest Rate (%) 1.83 0.1 0.35 1.81 1.81 0.35
Private Debt to GDP (%) 266.50 265 262 262 262 262
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (CAD Million) -955.30 500 -3300 -3300 -1600 3200
Current Account to GDP (%) -2.60 -2.5 -2.2 -2.2 -2.2 -2.2
Imports (CAD Million) 51537.00 49000 54300 51600 51000 49800
Exports (CAD Million) 50581.70 49500 51000 50000 50200 53000
Crude Oil Production (BBL/D/1K) 4265.00 4450 4450 4450 4450 4300
Government Actual Q4 Q1 Q2 Q3 2020
Government Debt to GDP (%) 89.70 93 90 90 90 90
Government Budget (% of GDP) -0.70 -0.9 -0.8 -0.8 -0.8 -0.8
Government Spending (CAD Million) 424534.00 424908 425743 429224 429647 432981
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 (%) 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 Q4 Q1 Q2 Q3 2020
Business Confidence (Index Points) 48.70 55 57 55.8 54.5 52
Manufacturing PMI 51.00 54 53.5 53 52.5 52
Industrial Production (%) -1.12 1.1 1.6 1.8 1.9 1.5
Leading Economic Index (%) 0.00 0.1 0.3 0.2 0.2 0.2
Consumer Actual Q4 Q1 Q2 Q3 2020
Consumer Spending (CAD Million) 1177341.00 1186618 1188952 1195070 1196248 1209164
Bank Lending Rate (%) 3.95 3.95 4.2 3.95 3.95 4.2
Gasoline Prices (USD/Liter) 0.92 0.86 0.84 0.8 0.77 0.84
Housing Actual Q4 Q1 Q2 Q3 2020
Housing Index (Index Points) 103.00 104 104 104 104 105


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.