RBC Quarterly Macroeconomic Outlook

Canada’s growth prospects brighten—but not without challenges

RBC Quarterly Macroeconomic Outlook  banner image

RBC Economics presents an in-depth analysis of the key drivers of economic activity in Canada and the U.S., including global factors that affect near-term forecasts. 

Highlights

"We don’t expect Canada to be the main target of new U.S. tariffs.”

RBC Quarterly Macroeconomic Outlook

  • Bank of Canada's rate divergence with the Fed isn’t likely to stoke domestic inflation
  • Population growth tailwinds turn into headwinds…
  • …but Canada’s per-capita GDP slump looks poised to end
  • Lower interest rates won’t solve longer-run demographic and productivity challenges

 

View report

 


 

You may also like

Sources

RBC Economics, Quarterly Macroeconomic Outlook, Q4 2024