Canada’s Five-Year International Trade Outlook—February 2025

Canada’s Five-Year International Trade Outlook—February 2025

Canadian Economic Analysis
10 min read

Author: Doris Chu

$225.00

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.

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This quarterly online experience examines the five-year international trade outlook for the Canadian economy. It includes medium-term projections for merchandise and non-merchandise exports and imports.

President Donald Trump’s proposed 25 per cent tariffs on U.S. imports of Canadian goods could easily turn the positive outlook for the immediate term into a bleak one. Which measures will Canada use to respond if President Trump carries through with his threat? Could a trade war result? And, if so, what would be the impact on Canada’s economy? At the start of 2025, the Canadian dollar sat in the US$0.69 range. Will there be a further depreciation over the next five years?

Read the online experience to get our full analysis.

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