Sentences with phrase «sector economists»

In addition, most private sector economists expect deficits in the $ 20 to $ 30 billion range over the next four years.

Now most private sector economists expect it to be around 2 %.

Public - sector economists generally get paid less than those in banks.

So why do private sector economists feel so confident it will happen this time around?

The forecast might assume, for example, that oil prices would increase in 2015 and 2016 or he might simply adopt the average oil price of the private sector economists consulting.

This was strongly criticized by the private sector economists as it made analysis of the components difficult.

Instead, it recommended that private sector economists only be consulted.

The government's survey of private - sector economists predicts growth of 3.1 per cent this year, 2.1 per cent next year and 1.6 per cent in 2019.

Economic growth was lower - than - expected in 2012 and private sector economists expect this to carry forward into the first half of 2013.

It included the results from the latest survey of private sector economists and the implications on the fiscal outlook.

The Minister is to meet with private sector economists on October 29th Updated economic and fiscal projections will be presented in the Fall Update, which should be released by mid - to late - November.

In February last year he released «Backgrounder — Economic Outlook», which, included the Department of Finance's latest survey of private sector economists for 2016 and 2017.

«Every economist that I've spoken to — certainly the 15 private sector economists whose forecasts we use as well as the Bank of Canada and the (International Monetary Fund)-- all forecast positive growth for Canada this year,» Oliver told reporters.

Private sector economists don't expect Flaherty to be forced to repeat that dramatic reversal.

Morneau's comments came after he met with private sector economists in Toronto to get their input on everything from the North American Free Trade Agreement to global economic uncertainty ahead of the federal budget on Feb. 27.

To be fair, the record of the private - sector economists making up, say, the Bloomberg panel, is evidently no better.

And although Parliament has recessed for the summer, there is absolutely no reason why the Minister of Finance should not meet with his private sector economists who advise him on the economy.

The June Budget notes that the private sector economists view the risks to the Canadian outlook as balanced.

Instead, the government chose to survey private sector economists on a quarterly basis and to use the average of their forecasts.

Inflation forecasts of private - sector economists for the year to June 2001 continue to edge upwards (Table 15).

It has the most comprehensive econometric model to forecast economic developments, over both the short and long term, among any of the private sector economists surveyed.

Private sector economists did not support the reductions to the GST / HST at that time.

Some private sector economists expect that the federal budget will be in balance in 2014 - 15.

Minister Flaherty will meet with private sector economists on March 9 to get their most recent views.

Private - sector economists are pointing to a surfeit of positive data, while Bank of Canada Governor Stephen Poloz remains wary (or, as Poloz himself put it at press conference last week, «decidedly neutral»).

Minister of Finance Bill Morneau speaks to media after meeting with private sector economists, in Toronto on Friday, February 16, 2018.

If the majority of private sector economists are correct, the Bank of Canada will raise interest rates on July 12 for the first time in nearly seven years.

However, based on feedback from some private sector economists, Budget 2015 assumes that oil prices will increase by nearly 40 % over the next two years — a prediction not shared by the futures market:

The three per cent figure for 2017 matches the projection by private - sector economists that was included in the federal budget Tuesday.

And since private - sector economists are a pivotal node in the finance - media ecosystem, this advice has been amplified into banner headlines in which Ottawa is said to be «under pressure» to implement fiscal stimulus.

This could have been done to offset some of the negative commentaries concerning the fiscal outcome for 2015 - 16, such as the downward revisions to economic growth by the IMF, the Bank of Canada and a number of private sector economists.

However, much more information should have been provided on the forecasts of the private sector economists, not just the «average» forecast.

He will justify this change in forecasting methodology by arguing that Alberta, Saskatchewan and the private sector economists «know best».

In our earlier commentary on the Parliamentary Budget Office's (PBO) latest Economic and Fiscal Outlook Update, we stated that economic assumptions were based on a survey of private sector economists.

Private sector economists have now revised down their forecasts of real GDP growth for 2015 by about 0.6 - percentage point.

That report concluded that the Department of Finance had the best record for forecast accuracy but that the Government should consult more regularly with private sector economists.

Detailed distributional analysis from the Joint Committee on Taxation and the nonpartisan Tax Policy Center is still forthcoming, but Ernie Tedeschi, a private sector economist and veteran of the Obama Treasury Department, crunched some numbers using Tax Brain, an open source tax model from the right - leaning American Enterprise Institute's Open Source Policy Center.

In preparation for the Fall Update, the Minister of Finance recently met behind closed doors with 14 private sector economists to discuss the future of the Canadian economy.

Private sector economists have now revised down their forecasts of real GDP growth for 2015 by about 0.6 - percentage points, while the IMF cut its from 2.2 % to just 1.5 %.

For a February or early March budget, private sector economists would not have time to incorporate the fourth quarter results of the previous year in their forecasts.

Several private sector economists have recently offered the same advice to the government.

Prior to the release of the fourth quarter national accounts, private sector economists were forecasting economic growth averaging 1.8 per cent for 2013, down from 2 per cent forecast in the November 2012 Update.

The recommendation stated that the government should compare its economic forecast to those of the private sector economists.

These are determined by the Department of Finance, not the private sector economists.