Investment in Canada

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Canada - Investment

Economy treads water in August

Economic growth came in at 0.1% in monthly terms in August, on the heels of a stronger 0.2% month-on-month expansion in July. August’s print overshot analysts’ expectations of an essentially flat reading. According to Statistics Canada, only a fraction of industrial sectors notched improvement; although services-producing industries outpaced goods-producing ones, most gains were concentrated in the extractives sector. For their part, buoyant markets lifted the finance and insurance sector.

On an annual basis, growth ticked up to 2.5% from 2.3% in July. Meanwhile, annual average growth dipped to 2.9% from 3.0% a month earlier.

Met the why particular Consensus Forecast panelists expect growth of 2.0% in 2019, which is unchanged from last month’s forecast. For 2020, the panel sees growth at 1.6%.

Canada - Investment Data

2013  2014  2015  2016  2017  
Investment (annual variation in %)0.3  1.6  -4.5  -1.9  3.0  

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Canada Facts

Bond Yield2.421.00 %Nov 14
Exchange Rate1.320.15 %Nov 15
Stock Market15,1450.23 %Nov 15

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