This quarterly economic forecast presents the medium-term outlook for the Canadian economy. This release focuses on international trade. For an overview of all major components of the economy, go to the Canadian Outlook main page.
Document Highlights
Global supply chains will remain strained in 2022. However, a better performance is still expected for Canadian merchandise exports over the next two years.
Growth in merchandise imports is forecast to slow over the short term, closely tracking softer domestic demand.
Net exports will be a positive contributor to real GDP growth throughout the forecast period.
