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View: We envisage fairly muted growth for Canadian freight in 2015 as lower oil prices are expectedto curtail export growth over the coming 12 months. However, manufactured goods exports willincreasingly pick up the slack, ensuring a secular decline of the current account shortfall and, by extension,providing some positivity for Canada's freight industry.The key theme for Canada's economy over the coming years will remain 'rebalancing', as privateconsumption and high oil prices can no longer be relied upon to provide robust economic growth. Thisuneasy bedrock will mean that we do not expect to see anything spectacular coming from the Canadianfreight industry in the short- to- medium term, although growth will remain positive throughout the sector.
Industry View 7SWOT 10Freight Transport 10Political 12Economic 13Industry Forecast 14Road Freight 15Table: Road Freight (Canada 2012-2019) 17Rail Freight 17Table: Rail Freight (Canada 2012-2019) 18Inland Waterway Freight 18Table: Inland Waterway Freight (Canada 2012-2019) 19Air Freight 19Table: Air Freight (Canada 2012-2019) 19Maritime Freight 20Table: Maritime Freight (Canada 2012-2019) 20Trade 21Table: Trade Overview (Canada 2012-2019) 21Table: Key Trade Indicators (Canada 2012-2019) 22Table: Top Import Destinations, 2006-2013 23Table: Top Export Destinations, 2006-2013 24Market Overview 25Company Profile 31Air Canada Cargo 31Canadian National Railway Company 36Canadian Pacific Railway 41Political Outlook 46Domestic Politics 46Table: Canada - 2015 Federal Election Opinion Polling Averages, % 47Table: Canada Poll - Support For Canadian Fighter Jet Deployment In Iraq Against ISIS 50Table: Canada - Domestic Politics Overview table 50Long-Term Political Outlook 51Oil Price Outlook 55Global - Crude Oil, Refined Fuels And Natural Gas Prices, 10-year Forecasts 55Table: Energy Price Forecasts (Global 2013-2018) 55Table: Energy Price Forecasts (Global 2019-2024) 56Macroeconomic Forecasts 58Table: Economic Activity (Canada 2009-2018) 66Demographic Forecast 67Table: Population Headline Indicators (Canada 1990-2025) 68Table: Key Population Ratios (Canada 1990-2025) 68Table: Urban/Rural Population & Life Expectancy (Canada 1990-2025) 69Table: Population By Age Group (Canada 1990-2025) 69Table: Population By Age Group % (Canada 1990-2025) 70Methodology 72Industry Forecast Methodology 72Sector-Specific Methodology 73Sources 74