What are the economic forecasts for 2022 and 2023?



What are the economic forecasts for 2022 and 2023?

FocusEconomics analysts project growth of 4.1% in 2022, which is unchanged from last month. In 2023, our analysts see growth easing to 2.9%. 5 years of Canada economic forecasts for more than 30 economic indicators.

What will the Canadian economy look like in 2023?

In 2023, our analysts see growth easing to 2.9%. 5 years of Canada economic forecasts for more than 30 economic indicators.

Will Canada’s investment rate recover in 2022?

As the economy rebounds, Canada’s investment rate has started to recover and is expected to reach 0.3% in 2022; it is still projected to remain below the OECD average of 4.4% and the United States at 3.8%.

What is the economic outlook for Canada in 2022?

While economic activity in some developed countries has already fully recovered, the Canadian economic outlook for 2022 is proving to be a little more complicated and the return to normal will be a little slower. Again this year, growth will be limited by spillover effects from the pandemic.