Canada Gdp 2024 Forecast Usa

Canada Gdp 2024 Forecast Usa. Canada’s economy is beginning its path toward the next 20 years from a standing start. We expect canadian real gdp to grow by only 0.9% in 2024, with one or two quarters of negative growth early in the year.

It is not a pretty picture for the canadian consumer, where spending is forecast to remain tepid. Although our baseline forecast brings economic growth back to rates similar to those of a decade ago, the drivers—and the risks ahead—will be different.