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Canada’s Economic Outlook 2026
Douglas Porter and Robert Cavcic, Bank of Montreal. Despite trade uncertainty from U.S. tariffs on Canadian imports, the Canadian economy has held up better than we expected.
2026 outlook We expect the Canadian economy to grow by slightly more than 1% in 2025 and 2026. That’s below average, but it’s not a recession. It’s been a struggle, but we’ve seen encouraging signs recently that things are mildly improving. We’re looking for a stronger eco…
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Canada’s Economic Outlook 2026
Douglas Porter and Robert Cavcic, Bank of Montreal. Despite trade uncertainty from U.S. tariffs on Canadian imports, the Canadian economy has held up better than we expected. 2026 outlook We expect the Canadian economy to grow by slightly more than 1% in 2025 and 2026. That’s below average, but it’s not a recession. It’s been a struggle, but we’ve seen encouraging signs recently that things are mildly improving. We’re looking for a stronger eco…
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