Scotiabank Strategy & Financial Objectives
Canadian Economy
Real GDP Growth
annual % change
3
2
1
0
U.S.
U.K.
Euro zone
Canadian GDP by Industry
May 2016
12.1%
■2000-2014
15.0%
■2015-2016F
20.4%
4.4%
5.4%
6.6%
6.9%
11.4%
7.3%
10.4%
Canada
Japan
Source: Statistics Canada, Scotiabank Economics.
Finance, Insurance & Real Estate
Health & Education
Wholesale & Retail Trade
Manufacturing
Mining and Oil & Gas Extraction
Construction
Public Administration
Professional, Scientific & Technical Services
Transportation & Warehousing
Other
Forecasts as at August 3, 2016. Source: Scotiabank Economics.
General Government Net Financial Liabilities
Government Financial Deficits
133.1
1
0.6
60
40
86
140
% of GDP
120
100
80
128.5
0
-1
88.5
80.8
75.5
71.2
-2
-1.7
-3
-2.6
40
43.7
31.8
-4
-3.6
-3.7
-4.4
20
20
-5
% of GDP
-5.2
-6
0
Canada Germany OECD France U.K.
U.S.
Japan
Italy
Germany Canada
Italy
France
U.S.
U.K.
Japan
Source: OECD (2015 estimates); Scotiabank Economics. As at August 26, 2016.
Source: IMF (2015 estimates), Scotiabank Economics. As at August 26, 2016.
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