Canada | Acceleration in vaccines will boost economy in the remainder of 2021
With a second surge of COVID in April, Canada sustained a longer lockdown than the US. GDP climbed 1.4% in the first quarter while employment increased 0.2%. Vaccinations accelerated in the quarter, pushing the rate to just under 20% of the population fully vaccinated. Rates are expected to be on par with the US by September, which should boost GDP to its 2019 peak in Q3 2021.
To learn more about our predictions for Canadian cities, watch our video below. If you would like to learn more about this topic, complete the form to download the full report.
{% video_player “embed_player” overrideable=False, type=’scriptV4′, hide_playlist=True, viral_sharing=False, embed_button=False, autoplay=False, hidden_controls=False, loop=False, muted=False, full_width=False, width=’1920′, height=’1080′, player_id=’50411787071′, style=” %}
Tags:
Related Services

Post
US: High debt costs suggest an industrial correction
The scale of the increases in debt costs, coupled with the low-yielding environment makes some repricing highly likely for gateway US industrial markets over the coming quarters.
Find Out More
Post
High debt costs suggest European office price correction
Our analysis suggests a 10% correction is needed on average for the major office markets in Europe to compensate for the higher cost of debt, with prime yields required to soften by 10bps-75bps to generate a low-risk interest coverage ratio at a reasonable LTV.
Find Out More