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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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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...

·Kelowna, Canada
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Deloitte Canada expects economic growth to be 1.5% this year in Canada, down from 1.7% in 2025.

·Montreal, Canada
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Rocky Mountain Outlook broke the news in on Wednesday, January 7, 2026.
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