Renowned U.S. economist Larry Summers said last October that “we’ve got the most complex, disparate, and cross-cutting set of challenges that I think I can remember in the 40 years I’ve been following this stuff.” This...more
12/15/2022
/ Canada ,
Economic Development ,
Economic Downturn ,
Economic Growth ,
Global Economy ,
Global Marketplace ,
Global Workforce ,
Inflation Adjustments ,
Trade Policy ,
Trade Relations ,
United States
The COVID-19 pandemic has triggered the most severe economic shock since the Great Depression. Despite massive intervention by central banks and governments, real output in the advanced economies likely fell in mere weeks by...more
6/9/2020
/ Canada ,
Capital Investments ,
Coronavirus/COVID-19 ,
Economic Development ,
Federal Budget ,
GDP ,
Global Economy ,
Trade Policy ,
Trade Relations ,
Trump Administration ,
US Trade Policies ,
WTO
This is a special edition of the twice-yearly Bennett Jones Economic Outlook. In it, as always, we review the global economic and trade context and the short-term outlook for global and Canadian growth. In addition, we...more
11/15/2019
/ Canada ,
Capital Investments ,
Economic Development ,
Federal Budget ,
GDP ,
Global Economy ,
Trade Policy ,
Trade Relations ,
Trans-Pacific Partnership ,
US Trade Policies ,
WTO
After a strong performance in 2017 and the first half of 2018, the global economy slowed markedly and is projected to grow at a more moderate but also more sustainable annual rate of 3.3% from 2019 to 2021. In Section I, we...more
6/6/2019
/ Canada ,
Capital Investments ,
China ,
E-Commerce ,
Economic Development ,
Federal Budget ,
GDP ,
Global Economy ,
Popular ,
Trade Policy ,
Trade Relations ,
Trans-Pacific Partnership ,
Trump Administration ,
UK Brexit ,
US Trade Policies ,
WTO
After a marked slowdown in 2016, the global economy is experiencing robust, synchronized growth in 2017, which exceeds earlier expectations and should continue in the short term. Notwithstanding this improved outlook,...more
11/23/2017
/ Canada ,
China ,
Contract Negotiations ,
Free Trade Agreements ,
GDP ,
Global Economy ,
Mexico ,
NAFTA ,
Trade Policy ,
Trade Relations ,
US Trade Policies
This Fall Outlook has four sections. The first section describes the main aspects of the "new normal" of low growth that has prevailed for advanced economies in the last six years of economic recovery. The second section...more
This fall Outlook has three sections. The first section sets out our view of the economic outlook commencing with a very short summary of recent world economy dynamics, followed by a review of the outlook for global growth...more