US EditionConference Board report forecasts 1.5 per cent GDP growth for this year
- The Conference Board of Canada predicts the economy will grow by 1.5 percent this year due to U.S. trade policy uncertainty, impacting business and consumer confidence.
- Cory Renner, an associate director, noted that the economy outperformed expectations in the first quarter, but momentum is fading quickly.
- The housing market faces intense pressure, and trade disputes are expected to dampen growth, according to the report.
- Canadian exporters have found success in new markets, but these gains are not enough to compensate for declining exports to the U.S., as stated in the report.
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19 Articles
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Conference Board report forecasts 1.5 per cent GDP growth for this year
The Conference Board of Canada is forecasting the economy will grow by 1.5 per cent this year as uncertainty surrounding U.S. trade policies continues to weigh on business and consumer confidence Cory Renner, associate director of economic forecasting at the Conference Board, says the economy outper...
The report notes that the real estate market remains under intense pressure. The post A 1.5% GDP growth this year, according to the Conference Board of Canada appeared first on Les Affaires.
The Canadian economy will have to deal with opposite winds once again, while the continuing uncertainty surrounding U.S. trade policies continues to erode business and consumer confidence.
The Conference Board Of Canada Research Shows Economic Outlook Clouded By Uncertainty - Canadian Manufacturing
OTTAWA — The Canadian economy is set to face further headwinds as uncertainty surrounding U.S. trade policies continues to weigh on business and consumer confidence, according to new research from The Conference Board of Canada. “The economy outperformed expectations in the first quarter of 2025, but the momentum is quickly fading,” said Cory Renner, Associate Director, Economic Forecasting at The Conference Board of Canada. “Trade disputes are …
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Bias Distribution
- 67% of the sources lean Left
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