Survey of Forecasters: Winter 2007

Forecasters surveyed by Signal49 Research in January have slightly changed their views regarding Canada’s economic prospects for 2007. In the current survey, forecasters expect the economy to expand by 2.4 per cent in 2007—down from growth of 2.6 per cent anticipated last fall. Respondents predict that the economy will rebound in 2008 and grow by 3 per cent, mainly because of a more optimistic outlook for the export market.