Canada Information Technology Q4 2019
Key View :
Canada's IT market and industry is forecast to record sustained growth over the medium term, despite a relativelymodest economic growth outlook. This is because we expect the level of IT utilisation to increase in the private and public sectorover 2019-2023 through trends such as advanced automation, e-commerce, data analytics and cloud computing. However, the riskprofile is elevated relative to much of the decade following the global financial crisis. Downside risks are internal and external,including threats to macroeconomic stability from an inflated housing market and high household debt, or externally a recession inthe US or negative spill-over from the implementation of the USMCA trade agreement.
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