September 2016 Forecast of Real GDP Growth

2016 Forecast

Real GDP Growth Date Completed Benchmark Price
Sep-16  -1.82%
     
CIBC World Markets Nov-16 0.20%
Scotiabank Group Nov-16 0.20%
TD Economics Sep-16 -0.60%
BMO Nesbitt Burns Nov-16 -1.90%
Conference Board of Canada Aug-16 -0.40%
RBC Sep-16 -0.20%
Private Sector Avg   -0.45%
NL Department of Finance Sep-16 0.60%

 

Note:

Benchmark Price The Benchmark Price of $43.30 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 5,967,723 bbls. Forecast uses complete data as of September 31st, 2016.