Page 5 - BEST MAGAZINE Winter 2019-2020
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AVERAGE EXCHANGE RATE $
gdp growth rate 1.7% 2019 actual & Forecast
2020 Forecast 1.9% 2020 Forecast
inflation cpi
2.2% 1.9% 1.9%
2019 actual 2020 2021
& forecast forecast forecast
Source: These forecast are based on the average of forescasts from some institutions like: BMO, CIBC, RBC, Scotiabank, TD, NBC, Bank of Canada, CME Group, OECD, European Union CPI=Consumers’ Price Index, GDP=Gross Domestic Product, USD=US Dollar, CAD=Canadian Dollar
DISCLAIMER: Neither Acus Consulting nor Alberto Calva will be responsible nor liable for any consequence resulting from any decision taken based or in reliance on the information, content, comments or responses here presented.
USD/CAD Year end USD/CAD Average
2019 actual 2020
& Forecast Forecast
1.317 actual 1.320 1.327 actual 1.332
1.5% 1.6%
2020 2021 forecast forecast
3 month t-bill
1.66%actual 2019 actual
& forecast
UNEMPLOYMENT RATE
CANADA
5.7%
2019 actual & forecast
5.8% 5.8%
2020 2021 forecast forecast
2018 actual
1.364 1.300
CANADA: ECONOMIC FORECASTS
Alberto Calva | Acus Consulting | January 6, 2020
THE BEST MAGAZINE WINTER 2019-2020 5
