March 2015 Forecast of Real GDP Growth

2015 Forecast - March Edition

Real GDP Growth  Date Completed  Benchmark Price 
Mar. 2015  -2.50% 
     
CIBC World Markets  Feb. 2015  -1.30% 

Scotiabank Group 

Apr. 2015  -0.20% 
TD Economics  Apr. 2015  -0.50% 
BMO Nesbitt Burns  May 2015  -1.00% 
Conference Board of Canada  May 2015  -0.10% 
Royal  Bank of Canada  Mar. 2015  0.80% 
Private Sector Average    -0.38% 
Department of Finance  Apr. 2015  -0.30% 

 

 

Note:

Benchmark Price The Benchmark Price of $60.70 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 6,640,456 bbls.


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