The Conference Board of Canada released a new report, Provincial Outlook: Winter 2019, which shows weakening growth in both consumer and government spending is impacting provincial economies. “The Conference Board of Canada expects Canada’s GDP to advance by 1.9 per cent in 2019. Overall, the outlook is mixed, with growth slowing in many regions of the country … Read more
GDP growth in Canada’s banking industry will be limited to 2.4 per cent this year amid a slowdown in consumer and business credit growth, according to The Conference Board of Canada. “Despite a sluggish Canadian economy, the banking industry managed a strong performance in 2016 largely due to the robust growth in the housing sector and … Read more
A new Conference Board of Canada study, released by the International Trade and Investment Centre, challenges the conventional wisdom about Canada’s trade profile. The publication, "Adding Value to Trade Measures: An Introduction to Value-Added Trade" argues that conventional trade data can distort the “real” trade picture. Canada is less trade-dependent than previously thought, has a … Read more
