CIBC Q1 2019 Fixed Income Investor Presentation
Canadian Economic Trends Compare Favourably to Peer G7
Members
Strong Economic Fundamentals
Long Term GDP Growth Rate (2000-2017)
2.5%
.
Lowest total government net debt-to-GDP ratio
among G7 in 2018
2.0%
2.0%
1.8%
1.6%
•
Only G7 nation to balance its budget for 11
consecutive years (1998-2008), and one of the
first to balance the annual budget post crisis
1.5%
1.3%
1.2%
1.0%
0.9%
0.5%
•
Canada has the highest long term GDP growth rate
(CAGR) between 2000 and 2017 among the G7
0.0%
Canada
U.K.
Canadian Federal Budget (Fiscal Year)1
U.S.
Source: IMF, World Economic Outlook Database, Oct 2018
G7 Total Government Net Debt-to-GDP Ratios (2018)
0.1%
Germany France Japan
Italy
20
20
10
wh
0
-10
-20
-30
Election
Oct '15
Projections
2.00%
150
1.00%
125
0.00%
100
-1.00%
75
-2.00%
do 50
25
-3.00%
0
-4.00%
Canada Germany United United France
States Kingdom
Italy
Japan
Source: IMF, World Economic Outlook Database, Oct 2018
CIBC
-40
Amount
% of GDP
2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022
Source: Statistics Canada, Department of Finance
1 The Fiscal Year runs from April to March. For example, the 2018 Fiscal Year period is from April 1, 2018 to March 31, 2019.
CIBC Q1 2019 Fixed Income Investor PresentationView entire presentation