Canadian Economy July 2024. What can canadians expect from the economy, real estate, stock market, oil prices, trade and more in the year ahead? Economy—underpinned by strong balance sheets for households and firms and recent supply side improvements in productivity—benefits the canadian economy through higher export demand.
Gdp growth is anticipated to strengthen from about 1½% in the first half of 2024 to roughly 2½% in the second half. Canada’s real gross domestic product was up 0.2 per cent in july, statcan said, a notch above economists’ expectations.