Yet Another Challenging Quarter Lies Ahead for the Canadian Economy: GrowthNow—A Real-Time Forecast of Canada’s Economic Growth

Yet Another Challenging Quarter Lies Ahead for the Canadian Economy: GrowthNow—A Real-Time Forecast of Canada’s Economic Growth

Business and Household Indicators Canadian Economic Analysis
10 min read

Author: David Ristovski

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GrowthNow is a real-time forecast of Canadian real GDP growth, using the latest statistics on GDP by industry, retail sales, inventories, manufacturing sales, commodity prices, and employment.

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In this monthly report, we analyze the latest economic trends and provide a real-time forecast of Canadian real GDP growth.

Is Canada’s real GDP growth forecasted to improve? Have the effects of the Bank of Canada’s interest rate hikes been fully realized? We share our outlook for Canada’s economy in the third quarter of 2023.

Read the report to get our full analysis.

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