January 2016 Forecast of Real GDP Growth

2016 Forecast - January Edition

Real GDP Growth Date Completed Benchmark Price
Jan-16 -0.33%
     
CIBC World Markets Feb-16 -1.00%
Scotiabank Group Feb-16 -0.20%
TD Economics Jan-16 -1.00%
BMO Nesbitt Burns Feb-16 -3.80%
Conference Board of Canada Jan-16 -0.80%
Royal Bank of Canada Dec-15 -0.30%
Private Sector Average   -1.18%
Deptartment of Finance Oct-15 -0.30%

 

Note:

Benchmark Price The Benchmark Price of $37.43 is the average monthly Brent spot price provided by the United States Energy Information Administration (EIA) for the year 2016. The forecasted monthly Brent spot price is also provided by the EIA.

 

CARE forecasts assume monthly Oil Production to be approximately 5,320,547 bbls.

*Forecast uses complete data as of January 31st, 2016*