Economic Outlook: The Long-Term Is Now
This year-end Economic Outlook explores the challenges and adjustments shaping our world, including persistent inflation, heavy debts and geopolitical complexities. We forecast modest growth for the Canadian and U.S. economies, pointing towards a gradual recovery. However, this new era also brings profound structural shifts driven by demographic changes, the urgency of climate action and the accelerating pace of digitalization. These factors demand collaboration between businesses and policymakers to promote an increased focus on investment and an embrace of technological innovation and AI.