This quarterly economic forecast provides highlights of the Canadian Outlook report, which presents the short-term national outlook.
Canadian Outlook Economic Forecast: Summer 2006
Canadian Outlook Economic Forecast: Summer 2006
Canadian Economic Analysis
$480.00
- Strong consumer spending and private investment drove economic growth to an annualized 3.8 per cent pace in the first quarter of 2006.
- A new federal budget and better-than-expected revenues for provincial governments have resulted in even more fiscal stimulus than incorporated into our last Canadian Outlook.
- Despite a strong domestic economy, real GDP growth will be limited to 3.1 per cent in 2006 by further erosion in the trade balance.
- The Bank of Canada is expected to remain on the sidelines for now as a loonie near US$0.90 continues to mitigate inflationary pressures.
- Inflation is more prevalent in the United States. The Fed is expected to lift rates another 25 basis points to ensure slower growth in aggregate demand.
- While some commodity prices have softened recently, energy prices are expected to remain elevated through the end of 2007.
Customers Who Downloaded This Also Liked
12 min read
10 min read
3 min read
Require an accessible version of this research?
Upon request, Signal49 Research offers accessible versions of research. Please contact us to request your accessible version.
Learn more about our accessibility policies.
Effective January 26, 2026, AERIC Inc./Signal49 Research discontinued use of ‘The Conference Board of Canada’ name, logo and branding, which had been used by AERIC Inc./Signal49 Research under license from The Conference Board, Inc. The Conference Board, Inc. and its licensees, which are not affiliated with Signal49 Research, own all right, title and interest in THE CONFERENCE BOARD name and trademarks in Canada and have the exclusive right to their use in Canada since January 26, 2026.
