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.
