Q2 2019 Fixed Income Investor Presentation
Canadian Economic Trends Compare Favourably to Peer G7
Members
Strong Economic Fundamentals
Long Term GDP Growth Rate (2000-2018)
2.5%
.
Lowest total government net debt-to-GDP ratio
among G7 in 2018
2.0%
1.9%
2.0%
1.6%
•
Only G7 nation to balance its budget for 11
consecutive years (1998-2008), and one of the
1.5%
1.3%
1.2%
1.0%
0.9%
first to balance the annual budget post crisis
0.5%
•
Canada has the highest long term GDP growth rate
(CAGR) between 2000 and 2018 among the G7
0.0%
Canada
U.S.
U.K.
Canadian Federal Budget (Fiscal Year)1
0.2%
Germany France Japan
Source: IMF, World Economic Outlook Database, Apr 2019
Italy
G7 Total Government Net Debt-to-GDP Ratios (2018)
20
10
210
2.00%
150
Election
Oct '15
Projections
I
125
1.00%
0
100
0.00%
-10
-20
-30
-40
-50
-60
-1.00%
% of GDP
75
do 50
-2.00%
25
-3.00%
0
Amount
% of GDP
-4.00%
2002 2004 2006 2008
2010 2012 2014 2016 2018 2020 2022
Source: Statistics Canada, Department of Finance
Canada Germany United United France Italy Japan
Kingdom States
Source: IMF, World Economic Outlook Database, Apr 2019
CIBC
1 The Fiscal Year runs from April to March. For example, the 2019 Fiscal Year period is from April 1, 2018 to March 31, 2019.
CIBC Q2 2019 Fixed Income Investor PresentationView entire presentation