Bennett Jones Spring 2017 Economic Outlook (Video)

Replay the Economic Outlook seminar presented at the Toronto office of Bennett Jones on June 1. Download a PDF of David Dodge's presentation from the event.

In our Fall 2016 Economic Outlook, we set out at some length our analysis of the main factors which have contributed to the low "new normal" growth rates the world has experienced since 2011. We argued that trend annual global growth will be restrained to 3 to 3¼. percent in the medium term and that Canadian businesses and governments should establish their medium-term plans on that basis. We recognized that, during 2017 and 2018, advanced economies could grow slightly faster than trend as slack is absorbed. But we argued that due to high uncertainty about future economic policies of the new administration in the United States and heightened political uncertainties in Europe and the UK, businesses needed to retain extra flexibility with respect to future commitments.