This is a special edition of the twice-yearly Bennett Jones
Economic Outlook. In it, as always, we review the global economic
and trade context and the short-term outlook for global and
Canadian growth. In addition, we examine five key policy challenges
that the Government of Canada and the minister of finance will
confront and deal with in a new mandate.
Government and businesses today face a complex interplay of
political, geopolitical, macroeconomic, financial, and structural
factors:
- The United States has discarded large
parts of the "Washington consensus" in favour of
"America first" unilateralism, compromising open markets
and the post-war liberal economic order. Brexit and political
struggles worldwide make clear that this challenge to the
established order is deeper and more pervasive than the product of
an erratic U.S. administration.
