Economic Expectations For 2024 Canada. Our overall assessment is that the demand for goods and services still exceeds the. Financial experts expect the bank of canada to cut rates by 100 basis points by the middle of 2025, with no further reductions thereafter.

The agency reported that real gdp growth. Revenue is up by $6.9 billion compared with the budget tabled in the spring, while expenses increased by less at an additional $3.8 billion.