Discussions with investors in Asia, Europe and the United States provide valuable insight into the state of Canada’s economy. Views reflect reality and perception. Both matter. Investors universally envy our potential, our...more
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
On June 6, 2022, a coalition made up of more than 25 Indigenous organizations from across Canada released a National Indigenous Economic Strategy designed exclusively by Indigenous leaders, institutions and organizations. The...more
The Canadian economy is entering 2022 with solid progress in recovering from the pandemic. In September, employment returned to its pre-COVID level. GDP should recover its losses before the end of 2021.
In the Bennett...more
While economic recovery from the pandemic to date, internationally and in Canada, has been uneven and bumpy, a large share of output and jobs have been regained, and the prospects for advanced economies are strong....more
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 2021 -
Recent Developments -
The world economy has expanded at a solid rate in the first three quarters of 2018, although growth has been somewhat slower and less synchronized than during...more
11/28/2018
/ Canada ,
China ,
Commodities ,
CPTPP ,
Economic Development ,
EU ,
Global Economy ,
International Trade ,
Mexico ,
OECD ,
Oil Prices ,
Price Inflation ,
Risk Assessment ,
Tariffs ,
Trump Administration ,
United States-Mexico-Canada Agreement (USMCA) ,
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