Canada 2024 Economic Outlook Forecast

Canada 2024 Economic Outlook Forecast. Inflation in canada remains high but should come down quickly to around 3% in the middle of this year because of lower energy prices, improved supply chains and restrictive. While the economy should benefit from a more predictable environment, high interest rates will continue to weigh against more vigorous economic activity.

Interest rate increases are meant to curb the rate of inflation. Thereafter, real gdp growth is expected to decelerate to its long.