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Economic outlook January 2019: Dark clouds bring rougher seas

Published on: Jan 15, 2019

The second edition of Deloitte’s Economic outlook report forecasts the modest economic growth for Canada, slowdown of the US economy, threats to global growth and the cause of economic consequences.

Craig Alexander, Deloitte Canada’s Chief Economist and the author of the report, mentions storm clouds are gathering on the horizon in the form of key downside risks to the outlook, because of the negative impact of sustained lower level of oil prices, raise in the interest rate, UK exit from the European Union, Financial market volatility and the equity market weakness.

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