Canadian Economic Growth Expected to Slow to 1.5% in 2026: Deloitte
Deloitte projects slower growth due to trade tensions, tariffs, and labour shortages, with 1.5% growth in 2026 and optimism for recovery by late year, the firm said.
- Canadian economic growth is projected to slow to 1.5% in 2026, down from 1.7% in 2025, according to Deloitte.
- Dawn Desjardins, chief economist at Deloitte Canada, states that government spending will support the economy's recovery.
- Changes from the Canada-U.S.-Mexico Agreement review could impact the trading relationship, as noted by Dawn Desjardins.
- Desjardins expresses cautious optimism, expecting economic momentum to build in the second half of 2026.
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11 Articles
Deloitte Downgrades Canada’s 2026 Economic Outlook, Expects Stronger Growth in Second Half of Year
A new report by Deloitte projects that Canada’s economy will grow by 1.5 percent in 2026, after projecting 1.7 percent growth for this year back in September. Deloitte said in its Jan. 7 report that 2026 is likely to “mark an inflection point for Canada’s economy” as the federal government attempts to implement policies to create a more attractive environment for investments. “It is unreasonable to expect governments to stimulate this structural…
Canadian economic growth expected to slow to 1.5% in 2026: Deloitte
A new report forecasts Canadian growth will slow to 1.5 per cent this year from 1.7 per cent in 2025. Dawn Desjardins, chief economist at Deloitte Canada, said she is cautiously optimistic though that the economy will gain momentum through the second half of the year. "Overall growth is probabl...
Deloitte Canada expects economic growth to be 1.5% this year in Canada, down from 1.7% in 2025.
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