February 2015 Forecast of Real GDP Growth

2015 Forecast - February Edition

Real GDP Growth Date Completed Benchmark Price
Feb. 2015 -1.71%
     
CIBC World Markets Feb. 2015 -1.30%
Scotiabank Group Mar. 2015 0.00%
TD Economics Apr. 2015 -0.50%
BMO Nesbitt Burns Apr. 2015 -1.00%
Conference Board of Canada Feb. 2015 -0.60%
Royal Bank of Canada Mar. 2015 0.80%
Private Sector Average   -0.43%
Department of Finance  Apr. 2015 -0.30% 

 

Note:

Benchmark Price The Benchmark Price of $59.32 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 6,454,746 bbls.

*Forecast uses complete data as of February 28, 2015*