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 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
Nine months into the pandemic, the short-term economic outlook for Canada entering 2021 is strikingly different than one year ago. Yet structural trends—such as the digital transformation of the economy—remain and in some...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