This episode, we look at what we can expect for the economy in Canada and internationally. 

Scotiabank’s Chief Economist Jean-François Perrault is our guest and he breaks down his latest global outlook report, and what he forecasts for growth, inflation and interest rates.

Check out the full global outlook report here. 

Key moments this episode:

1:10 - Brief summary of global outlook report forecast

2:44 - Projection for Canada’s economic growth

4:00 – Why there are murmurings of a recession despite growth 

5:06 – What inflation might look like in Canada for the next few years

6:57 – What should Canadians make of this good news/bad news economy?

8:42 – Forecast for Canadian interest rates for the remainder of 2022

10:21 – What impact have interest rate increases had on the housing market?

12:12 – Summary of the outlook and what Canadians can expect as we head into the summer