‘Modest downturn’: Deloitte expects downturn for Canada’s economy in Q2, Q3

Canada’s Economy Headed for ‘Modest Downturn’ This Year Due to Tariffs: Deloitte

Canada’s economy will see a drop in investment and an increase in unemployment this year due to U.S. tariffs, a new report from Deloitte Canada suggests. The company’s annual economic statement released on April 30 forecasts the impact of U.S. tariffs on the country’s economy for the next year. Deloitte Canada chief economist Dawn Desjardins says a “modest downturn” is ahead for Canada, while a loss of free-trade access to the United States woul…

Canada appears headed toward a recession by Canada Day. Here’s why

Deloitte predicts negative gross domestic product growth over the second and third quarters of this year, which would meet the definition of a recession.

Canada's Big Bank economists predict zero growth to come as first quarter sputters

Economists signal that first-quarter growth will fall short of the Bank of Canada's estimate and be followed with no growth.

‘Walking on a tightrope’: Deloitte predicts downturn for Canadian economy - National

According to the report, Canada’s economy is expected to take experience a 'modest downturn' over the second and third quarters of the year.

‘Modest downturn’: Deloitte expects downturn for Canada’s economy in Q2, Q3

A new report predicts Canada’s economy to slow during the second half of the year and says it could stall further if Canada loses some tariff exemptions.

Tariff shocks to jobs, economy growing as boost from preparation fades, Deloitte says

Deloitte Canada chief economist Dawn Desjardins says a modest downturn is ahead for Canada, while a loss of free-trade access to the U.S. would create a more permanent hit