Canada | Vaccines offer hope of return to pre-Covid-19 activity by end-2021
Despite a partial recovery in H2 2020, Canada’s GDP contracted by 5.4% last year with a secondary wave of COVID-19 infections slowing growth. All provinces are still in various stages of lockdown but after a slow start, vaccinations have accelerated. We assume that vaccinations in Canada will be complete by September, allowing pre-COVID-19 levels of activity by end-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.
Tags:
Related Services
Post
UK: Key themes 2026 – Sluggish growth and fiscal worries
We think 2026 will be another challenging year for the UK economy – our GDP growth forecast of 1% is at the bottom of the consensus. Four themes will be key to the outlook, in our view.
Find Out More
Post
Nordics: Key themes 2026 – Bright spots emerging
We forecast growth across the Nordic economies to diverge somewhat next year but share the same underlying drivers.
Find Out More