Canadian Economic and Housing Policy Overview
% OF GDP
Canadian Economy
Diverse economy with a strong balance sheet
19.4%-
Finance, Insurance,
& Real Estate
15.4%
Other
4.5%
Transportation
& Warehousing
5.8%
Professional,
Scientific,
& Technical
Services
6.6%
CANADIAN
GDP BY
INDUSTRY
(NOV 2018)
Public Administration
-12.5%
Health & Education
-10.4%
Wholesale &
Retail Trade
-10.4%
Manufacturing
7.7%
Mining and Oil
& Gas Extraction
-7.2%
Construction
GENERAL GOVERNMENT NET FINANCIAL LIABILITIES
ANNUAL % CHANGE
REAL GDP GROWTH
2
3
U.S.
Canada Eurozone
UK
Japan
2000-2017
2018e-2020f
Sources: Scotiabank Economics, Haver Analytics, Statistics Canada.
Forecasts as of February 7, 2019.
GOVERNMENT FINANCIAL DEFICITS
2
1.5
124.9
130.4
% OF GDP
(0.7)
(1.2)
(1.7)
(2.0)
N
(2.6)
80.8
81.8
83.7
3
66.7
(3.7)
33.5
-4
23.3
(4.7)
-5
Canada Germany OECD France U.S.
UK
Italy
Japan
Germany OECD* Canada
Italy
UK
France Japan U.S.
Sources: Scotiabank Economics, OECD (2018 estimates). As of February 2019.
* Arithmetic mean of all OECD Financial Deficits as a % of GDP.
Sources: Scotiabank Economics, IMF (2018 estimates).
As of February 2019.
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