Canada Economic Outlook: A Rapidly Changing Landscape

The report, released by CBRE Canada Research on April 7th, discusses the following:

• Canadian GDP Forecast – GDP growth revised downwards in 2020;
• Canadian Employment Forecast – Significant job loses expected in Q2 & Q3;
• Canadian Unemployment Forecast – Unemployment rate to spike to recede;
• Canadian Oil Industry – Canadian WCS Oil at $14 per barrel, half of US WTI pricing;
• Canadian Debt Markets – Debt markets responding to global reset in pricing;
• Canada’s Massive Fiscal Stimulus Measures;
• Canada’s Economic Landscape – Risks, uncertainties & silver linings