2018 economic outlook: Global growth brings good news for Canadian entrepreneurs

25 Apr 2018


Provincial, National

Happy days are here again for the global economy, and that’s good news for Canadian entrepreneurs.

Canada had solid economic growth of 3.1% in 2017, having weathered the oil price shock of the past two years. Our economy is on a solid footing. The expansion has been broad-based, with all sectors of the economy contributing. Our goods exports are up 8.7% year over year. Business investment, which is absolutely critical to continued growth, has also improved. At the same time, Canada’s labour market has been thriving, adding 343,000 jobs year to date, with nearly all in full-time employment.

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