The Canadian economy grew by an annualized 3.3 per cent in Q2 2022 – a strong gain but short of financial market expectations for an increase of 4.4 per cent. The details of the report were robust. Consumer expenditure was remarkably… Read More ›
Quarterly Forecast
E-Sight July 4: Canadian economy solid in April weakens in May, Deloitte economic outlook
The Canadian economy grew by 0.3 per cent in April with growth in 13-of-20 industries. Goods-producing firms increased 0.9 per cent, outpacing a slim 0.1 per cent gain by services. While the April gain was solid, Statistics Canada’s flash estimate… Read More ›
Economic Outlook June 2022
In our newest economic outlook, we foresee a sharp slowdown in growth in the second half of this year as rapid inflation and rising interest rates act as a powerful headwind on the economy. This moderates consumer spending and triggers a… Read More ›