Tuesday, June 09, 2020
The Outlook reviews the global economic context and the evolution of key economic and policy parameters for business planning. Following an analysis of the early impact of the COVID-19 crisis, the presentation describes scenarios for the global and Canadian economies over the next 18 months. It assesses the trade policy environment, and then lays out a path, including policy steps, for the reopening, recovery and rebuilding of the Canadian economy. To draw the short-term and longer-term implications of an unprecedented crisis, the Outlook connects the dots among such factors as:
- the global economic and geo-strategic context;
- the intervention of central banks and governments and their impacts on the macroeconomy; and
- the changes in the structure of the economy and the necessary responses of governments and businesses.