Quarterly Canadian Outlook
Quarterly Canadian outlook: Low but positive growth ahead
September 15, 2025
Older Reports
Insights
In- depth and valuable insights on macroeconomic data, identifying key trends and developments.
-
RBC Consumer Spending Tracker
-
Canada maintains tight immigration policy despite permanent resident exemptions
-
Canadian federal budget preview: A new playbook for balancing bigger government with fiscal health
-
Population growth boosts Alberta’s economy, challenges young job seekers
-
Q3 Business Outlook Survey leaves BoC on track for another rate cut
-
Expanding U.S. Section 232 tariffs squeezes Canadian manufacturers
-
Canadian wealth inequality widened in Q2
-
Canadian trade deficit widened in August as new tariffs took effect
-
Canada’s population growth slows even as outflows fall increasingly short of targets
-
Canada faces peak aging as final boomers retire and population growth slows
-
Tariffs leave a mark on Canada’s industrial heartland
-
Proof Point: Canadian industries and provinces most exposed to U.S. tariff threat
-
Proof Point: Are falling rents in Canada temporary relief or a new trend
-
Proof point: Canada’s job market slump—low-wage industries with young workers take the biggest hit
-
Immigration cuts will help narrow Canada’s housing gap but won’t solve crisis
-
Proof point: Why Canada is seeing an uneven recovery among households
-
How Canada’s new immigration targets will impact the economy
-
Proof point: Job market is bigger risk to Canada’s economy than mortgage renewals
-
Three reasons why 2024’s 2% inflation isn’t 2019’s 2%
-
Proof point: Financial returns after a post-secondary education have diminished
-
Weighing the impact of Canadian tariffs on Chinese EVs and metals
-
Proven points: Rents, wages, inflation and other top reads from Proof Point
-
Navigating 2024: Reset and Revival In A Reshaping World
-
Proof Point: Why has U.S. consumer spending been so much more resilient than Canada’s?
-
Proof Point: Closing Canada’s infrastructure gap could boost Indigenous output by up to 17%
-
Proof Point: Fiscal tailwinds coming to an end for Canada’s provinces
-
Proof Point: For Canada, slower growth in China is a manageable risk
-
Proof Point: The ranks of Canadian entrepreneurs are shrinking
-
Proof Point: Is more turbulence on the way for Canadian labour relations?
-
Proof Point: International students have a fast track to Canadian employment
-
Proof Point: Canadian millennials have the smallest cushion against job losses
-
Navigating 2023: Canada in the cross currents
-
Proof Point: Canada needs more doctors—and fast
-
Proof Point: Canada’s provinces are basking in revenue, but how long will it last?
-
Proof Point: The housing-charged boom in Canadian net wealth is over
-
Proof Point: Canada’s recession to arrive earlier than expected
-
Proof Point: Canada still isn’t spending enough on the green economy
-
The Price of Power: How to cut Canada’s Net Zero electricity bill
-
Proof Point: The rise of services in Canadian goods trade
-
The Great Canadian Restart: How 2022 can spark an era of greener, more robust growth
-
What’s up with inflation?
-
Squeeze Play: Higher wages alone won’t solve Canada’s labour shortage problem
-
The Great Canadian Savings Puzzle
-
The new challenges facing Canada’s small businesses
-
A Regional Renaissance: More Canadians drawn to live on the Atlantic Coast during pandemic
-
For Many Canadian Businesses, the Two Halves of 2021 Look Very Different
-
Navigating 2021: 21 Charts for the Year Ahead
-
Five Ways to Help Small Business
-
A Spotlight on the Labour Market: An Uneven Recovery
-
Canadian Women Continue to Exit the Labour Force
-
What will a Biden administration mean for Canada?
-
From Recession to Recovery – A Bumpy Road Ahead for the Canadian Economy
-
How Covid is Transforming the Economy – and Everything We Do
Quarterly Canadian Outlook
Quarterly economic analysis and projections for Canada and the provinces.
-
Rate-hiking cycle ending as recession edges closer
-
Brace for a ‘bumpy’ landing, Canada
-
Hot provincial momentum to lose steam
-
Western provincial economies shining more brightly in 2022
-
Growth opportunities narrow amid searing inflation and a scarcity of workers
-
Budget 2022: Will Ottawa rise to Canada’s growth challenge?
-
Provincial economies face new challenges as pandemic threat fades
-
Provinces to enter advanced stages of recovery in 2022
-
Inflation top concern for 2022, Covid variant casts shadow
-
Brighter Days Ahead: Fiscal picture improves from coast to coast
-
Recovery bumpy but still advancing in all provinces
-
The long and winding road to recovery
-
Economic recovery shifts into higher gear
-
Provincial economies reaching the other side of the valley
-
Vaccines Put Global Economy on Recovery Track
-
Vaccine Progress Brightens Outlook for Provincial Economies
Canada’s Housing Market Ramped up as 2021 Rolled In
Canada’s housing market ended 2020 on a (very) high note
-
Vaccine Clears Path for Recovery but Not out of the Woods Yet
-
2021 Promises Better Days from Coast to Coast
-
Economic Conditions Improve but Bumpy Road Ahead
-
Provincial Economies: Diverse yet Together in Experiencing Historic Recession
-
Charting a Course for Recovery
-
Reopening of Provincial Economies: Different Speed, Scale and Outcomes
-
Let the Recovery Begin (Please)!
-
The Economic Eclipse
-
COVID-19 Recession to Hit Every Province
-
Canada’s Economy Enters Uncharted Waters
March 2020
February 2020
January 2020
Special Housing Reports
-
Low-key start to the fall for Canada’s housing market
-
Navigating Toronto’s frozen pre-construction condo market
-
Canada’s housing markets are slowly but unevenly getting busier
-
Canada isn’t in a housing starts slump—Ontario is
-
Canada’s housing market forecast update
-
Canada’s building homes fast─but for how long?
-
Canada’s housing market outlook: Sustaining recovery in uncertain times
-
More supply and cooling demand ease Canadian rental market pressures in 2024
-
The Great Rebuild Seven ways to fix Canada’s housing shortage
-
Proof Point: Canadian renters face higher hurdles to accumulating wealth than homeowners
-
It’s never been harder to rent in Canada—vacancy rates fall to 35-year low
-
Canada’s housing market outlook: A tale of two halves in 2024
-
Proof Point: Is Canada becoming a nation of renters?
-
It’s review time for the mortgage stress test
-
Canadian Housing: A Market In Retreat
-
Downgrading our forecast for Canada’s housing market
-
Rising interest rates a game-changer for Canada’s housing market
-
Budget 2022 is big on housing, but won’t immediately relieve affordability crisis
-
The fever breaks: Canada’s housing market will cool but stay strong in 2022
-
The Canadian housing market outlook
-
Home builders are tackling Canada’s housing supply shortage
-
Overheating risk eases as Canadian housing market calms down
-
Policy action provides partial fix to Canada’s housing market imbalance
-
Hot Canadian housing markets call for a policy response
Hot Canadian housing markets call for a policy response
Steaming-hot Housing Market Conditions Persist Despite Cold February Weather
Super-strong Housing Market is Far from Risk-free
New Year, Same Tight Housing Market Conditions Across Canada
Canada’s housing market headed for another record year in 2021
Spectacular End to a Spectacular Year for Canada’s Housing Markets
Get Email Updates from Economics
Get the latest insights, analysis and forecast from RBC Economics in your inbox.