canada’s economy blows away forecasts with 2.6% gdp growth

5
2017 Gross Domestic Product – Canada BY: PAUL YOUNG CPA, CGA

Upload: paul-young-cpa-cga

Post on 12-Apr-2017

49 views

Category:

Economy & Finance


0 download

TRANSCRIPT

Page 1: Canada’s economy blows away forecasts with 2.6% GDP growth

2017 Gross Domestic Product – Canada BY: PAUL YOUNG CPA, CGA

Page 2: Canada’s economy blows away forecasts with 2.6% GDP growth

Agenda • Major Sector• GDP Growth Comparison• Graph GDP

Page 3: Canada’s economy blows away forecasts with 2.6% GDP growth

Final GDP /2016

Source – Stats Canada

• Canada average 2.2% annual growth from 2000-2015

• Canada 2016 GDP numbers were 1.4% (Real GDP)

• Federal government injected $25B into deficit spending, but it did little in terms of improving economic growth

Page 4: Canada’s economy blows away forecasts with 2.6% GDP growth

Key Comments

Going beyond the headline / Summary Information

Source – Financial Post

Source – Stats Canada

Page 5: Canada’s economy blows away forecasts with 2.6% GDP growth

GDP by Sector

• Source – Stats Canada

Jobs

Source – Global News

Retail Sales

Source – National Bank of Canada

Exports