Northern Ontario’s economy, with its traditional reliance on transportation and resource sector activities in the end relies on the international economy as a source of demand for its products. With that in mind, it is helpful to see what the latest forecasts are for the world economy and the potential impact on northern Ontario. FocusEconomics – headquartered in Barcelona – is a major international economic research and forecasting company that provides data and analysis on international economic indicators and produces economic forecasts and reports. It covers 127 countries, 12 global regions and 33 commodities. It recently released its July 2017 Consensus Forecast for major economies.