ICBA ECONOMICS: 2025-26 Forecast

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By Jock Finlayson, ICBA Chief Economist As a new year beckons, Canadian policymakers and business leaders find themselves staring at an unsettled economic landscape that renders the task of forecasting more perilous than usual. The past two years have been underwhelming for Canada’s $3 trillion national economy. Growth in inflation-adjusted gross domestic product (GDP) has […]

ICBA OP/ED: B.C.’s government will face extraordinary economic challenges in 2025

icbaindependent.ca - 19/Dec 15:15

The following piece by ICBA Chief Economist Jock Finlayson first appeared in Business in Vancouver on Dec. 19, 2024. As the clock ticks down on a...

ICBA ECONOMICS: Snapshot of Labour Supply Challenges in the U.S. Construction Industry

icbaindependent.ca - 13/Dec 15:00

By Jock Finlayson, ICBA Chief Economist Over the past few years, the Canadian construction industry has been grappling with labour shortages,...

LCCI says improved tax-to-GDP ratio will actualise budget 2025 ambitions

worldstagenews.com - 19/Dec 10:53

WorldStage Newsonline– The Lagos Chamber of Commerce and Industry (LCCI) has underscored the urgency of improving Nigeria’s tax-to-Gross...

Why Latin America Needs Lower Deficits And Stronger Fiscal Rules – Analysis

eurasiareview.com - 21/Dec 00:43

Public debt in Latin America’s major economies is on pace to average 55 percent of gross domestic product this year, up significantly from 34...

Saskatchewan’s GDP hits record $77.9 billion in 2023

westernstandardonline.com - 18/Dec 20:21

Saskatchewan’s economy reached new heights in 2023, with the province’s real Gross Domestic Product (GDP) climbing to a record-breaking $77.9...

GDP growth forecast upgraded

taipeitimes.com - 00:00

Zimbabwe’s GDP Plummets to US$35 Billion Amid Economic Turmoil

thezimbabwemail.com - 13/Dec 23:07

HARARE – Zimbabwe’s gross domestic product (GDP) has plunged to US$35 billion, marking a significant [...]

Central bank raises GDP growth forecast to 4.25%

taipeitimes.com - 20/Dec 00:00

Bank Of Canada Pulls Trigger On Second 50 Bps Interest Rate Cut

storeys.com - 11/Dec 14:45

On Wednesday morning, the Bank of Canada (BoC) announced an interest rate cut of 50 basis points for their December decision — the eighth and last...

Jobs in unincorporated firms grow by 10%, annual survey shows

hindustantimes.com - 16:32

Unincorporated enterprises account for a significant chunk of Asia’s third-largest economy, with a share of 45% in gross domestic product or GDP.

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ICBA ECONOMICS: 2025-26 Forecast

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GDP growth forecast upgraded

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