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The rocky road to recovery
Economic outlook: Fall 2024
Since our last update, inflation has continued to ease. The central bank in Canada and some of its largest trading partners have started to reduce the amount of policy restraint by cutting policy rates. But the road ahead isn’t as smooth as you’d think.
There are growing concerns in the minds of consumers and companies around global conflict, trade frictions, and uncertainty of the policy impact of the US election outcome. Add the August jump in financial market volatility into the mix, and the road ahead looks rocky.
How will the economy grow—and at what pace—in the near term? And what impact will consumer confidence have as we head into 2025?
Find the answers in our September outlook, The rocky road to recovery.
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Key contact
Trevin Stratton
National Leader and Partner, Economic Advisory, Deloitte
Canada
tstratton@deloitte.ca
613-786-9014
Dr. Trevin Stratton is a national Economic Advisory leader and partner at Deloitte Canada and Economic Advisory leader at Deloitte Global, where he helps business leaders tackle today’s most complex and challenging economic issues. Prior to joining Deloitte, he was the chief economist and senior vice president of policy at the Canadian Chamber of Commerce. He has advised senior federal and provincial policymakers and government officials, including at the Prime Minister’s Office and the Bank of Canada, and C-suite business leaders on economic policy, development, and strategy.
Trevin earned his PhD at the Graduate Institute of International and Development Studies in Switzerland. He has held appointments as an international scholar at Yale University's Jackson Institute for Global Affairs, an E.C. Harwood Fellow at the American Institute for Economic Research, and a lecturer in economics, politics, and international studies at the American University in Dubai. He also holds a certificate in economic development from the University of Waterloo.
Currently a vice chair of the Business at OECD Economic Policy Committee, he’s also a frequent media contributor on economic issues for programs such as Power & Politics and BNN Bloomberg and publications such as The Globe and Mail and The Washington Post.