Hurdles remain amid signs of recovery
Economic outlook: Summer 2024
After three years of economic upheaval, the Canadian economy is beginning to settle down. With inflation on a steady downward trend, the Bank of Canada has now begun to ease its policy stance, paving the way for stronger economic growth ahead.
Lower interest rates should encourage households to spend and businesses to invest. However, there are still risks to the economic outlook in the form of geopolitical tensions and the possibility that inflation and interest rates won’t fall as expected.
Read our June outlook, Hurdles remain amid signs of recovery, to explore the latest economic trends and what their impact will be on businesses and households across the country.
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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.