Industry Lens

Methodology

The Industry Lens provides detailed, industry-specific forecasts of key macroeconomic indicators, providing a sharper look at industry trends than our national Five-Year Outlook.  

Each report is grounded in the projections from the Five-Year Outlook, incorporating assumptions about real GDP growth, inflation, interest rates, and relevant policy developments. However, these industry reports leverage a set of smaller econometric models to better inform projections and trends at a disaggregated level.  

We analyze additional structural trends that will impact each industry, and project a baseline scenario for output, employment, wage growth, prices, financials (revenues, costs, profits, and profit margin), and trade (if applicable). Estimates are produced and reviewed by subject matter experts on The Conference Board of Canada’s Economic Forecasting team to ensure that forecasts reflect both data-driven trends and timely qualitative considerations.