April 2017 Forecast of Real GDP Growth

2017 Real GDP Forecast

Real GDP Growth Date Completed Growth Rate
Apr-17 0.40% 
     
CIBC World Markets May-17 -2.20%
Scotiabank Group Jun-17 -1.90%
TD Economics Jun-17 -1.90%
BMO Nesbitt Burns Jun-17 -2.00% 
Conference Board of Canada Feb-17  -1.90%
RBC Jun-17 -2.20% 
Private Sector Avg    -2.02%
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 $52.86 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.