---
canonical_url: "https://csls.ca/research/economic-projections-for-canada-and-the-provinces-2017-2038-an-update/"
title: "Economic Projections for Canada and the Provinces 2017-2038: An Update"
author:
  name: "CSLS"
  url: "https://csls.ca/author/cslc/"
date_published: "2026-07-02T11:34:12+00:00"
date_modified: "2026-07-02T11:34:12+00:00"
post_type: "research"
summary: ""
post_tag:
  - "Canada"
  - "economic projections"
  - "labour productivity"
  - "labour supply"
  - "long-term forecasts"
  - "provinces"
  - "provincial projections"
  - "real GDP growth"
country_focus:
  - "Canada"
province_region:
  - "Multi-province"
research_theme:
  - "Fiscal Policy"
  - "Productivity and Economic Measurement"
  - "Regional Economic Development"
featured_image: "https://csls.ca/wp-content/uploads/2026/07/old-reports_hero_banner_bg.webp"
status: "publish"
---

# Economic Projections for Canada and the Provinces 2017-2038: An Update

Canonical URL: https://csls.ca/research/economic-projections-for-canada-and-the-provinces-2017-2038-an-update/

# Economic Projections for Canada and the Provinces 2017-2038: An Update

[Download full PDF report](https://csls.ca/pdf/csls2018-05-1.pdf)

Cite this report

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Cite this report as:

Sharpe, Andrew, and Cristina Blanco Iglesias. 2018. “Economic Projections for Canada and the Provinces 2017-2038: An Update.” CSLS Research Report 2018-05. Ottawa: Centre for the Study of Living Standards. https://csls.ca/research/economic-projections-for-canada-and-the-provinces-2017-2038-an-update/

## Authors:

-
Andrew Sharpe
Centre for the Study of Living Standards (CSLS)

-
Cristina Blanco Iglesias
Centre for the Study of Living Standards (CSLS)

## Report 2018-05

August 2018 36 pages

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## Abstract

## Résumé

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This report updates CSLS economic projections for Canada and the provinces for the 2017-2038 period. Building on the 2015 CSLS study prepared for the Council of the Federation, the report incorporates new data from 2015, 2016, and 2017. Using a supply-side methodology, projections for real GDP growth are derived from trend labour productivity growth and potential labour supply growth. The report also compares the updated projections for Canada and Ontario with the 2015 projections, and benchmarks CSLS projections against those of other forecasters including Finance Canada and the Parliamentary Budget Office.

Ce rapport met à jour les projections économiques du CSLS pour le Canada et les provinces pour la période 2017-2038. S’appuyant sur l’étude du CSLS de 2015 préparée pour le Conseil de la fédération, le rapport intègre de nouvelles données pour 2015, 2016 et 2017. À l’aide d’une méthodologie axée sur l’offre, les projections de croissance du PIB réel sont dérivées de la croissance tendancielle de la productivité du travail et de la croissance potentielle de l’offre de main-d’œuvre. Le rapport compare également les projections mises à jour pour le Canada et l’Ontario aux projections de 2015, et établit un parallèle entre les projections du CSLS et celles d’autres prévisionnistes, dont Finances Canada et le Bureau du directeur parlementaire du budget.

[Download full PDF report](https://csls.ca/pdf/csls2018-05-1.pdf)
