March 2017 Forecast of Real GDP Growth

2017 Real GDP Forecast

Real GDP Date Completed Growth Rate
Mar-17 0.19%
     
CIBC World Markets Feb-17 -3.00%
Scotiabank Group May-17 -1.80%
TD Economics Mar-17 -1.90%
BMO Nesbitt Burns May-17 -2.50%
Conference Board of Canada Apr-17 -1.90%
RBC Mar-17 -3.60%
Private Sector Avg   -2.45%
NL Department of Finance Apr-17 -3.80%

Note:

Benchmark Price The forecast above was computed assuming an average Brent (USD) price of oil of $52.38 for the 2017 calendar year. The oil price forecasts are provided by the United States Energy Information Agency (EIA).

This forecast was produced using a Vector Autoregressive (VAR) method. Data sources are available upon request.