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
Section I: Global Growth to 2020 -
The outlook for global growth in 2018 and 2019 is now considerably stronger than forecasters anticipated it would be a year ago. Advanced economies are now expected to grow at rates well...more
6/6/2018
/ Canada ,
China ,
Commodities ,
Economic Development ,
EU ,
GDP ,
Global Economy ,
Interest Rates ,
NAFTA ,
Oil Prices ,
OPEC ,
Tax Cuts and Jobs Act ,
Trade Policy ,
Trans-Pacific Partnership ,
Trump Administration ,
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
In our Fall 2016 Economic Outlook, we set out at some length our analysis of the main factors which have contributed to the low “new normal” growth rates the world has experienced since 2011. We argued that trend annual...more
6/2/2017
/ Border Adjustment Taxes ,
Canada ,
Capital Markets ,
Economic Development ,
Federal Budget ,
GDP ,
Global Economy ,
International Monetary Fund ,
Mexico ,
NAFTA ,
Oil & Gas ,
One Belt One Road (OBOR) ,
Trade Policy ,
Trans-Pacific Partnership ,
Trump Administration
This Spring 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
6/8/2016
/ Canada ,
China ,
Economic Development ,
EU ,
Exchange Rates ,
Global Market ,
Japan ,
NAFTA ,
Oil Prices ,
Presidential Elections ,
Trade Policy ,
Trans-Pacific Partnership ,
US Trade Policies
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
This spring Outlook is structured in 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...more
6/4/2015
/ Canada ,
Dairy Farmers ,
Economic Development ,
Emerging Markets ,
Energy Sector ,
Farms ,
GDP ,
Global Economy ,
Oil & Gas ,
Trade Policy ,
Trans-Pacific Partnership
This Economic Outlook has three sections. The first covers recent dynamics and short-term outlook for the world economy. The second presents a discussion of the context and conduct of US monetary policy in recent years and in...more