August 2015 Forecast of Real GDP Growth

2015 Forecast - August Edition

Real GDP Growth Date Completed Benchmark Price
Aug. 2015 -4.03% 
     
CIBC World Markets Sept. 2015  -2.00% 
Scotiabank Group Oct. 2015  -1.60% 
TD Economics Oct. 2015  -1.90% 
BMO Nesbitt Burns Oct. 2015  -1.70% 
Conference Board of Canada Aug. 2015  0.00% 
Royal Bank of Canada Sept. 2015 -3.00% 
Private Sector Average   -1.70%
Department of Finance April 2015 -0.30% 

 

Note:

Benchmark Price The Benchmark Price of $53.97 is the average monthly Brent spot price provided by the United States Energy Information Administration (EIA) for the year 2015. The forecasted monthly Brent spot price is also provided by the EIA.

 


 

 

CARE forecasts assume monthly Oil Production to be approximately 5,601,305 bbls.

*Forecast uses complete data as of August 31, 2015*