
Macro - Country Economic Forecasts - Canada
Description
We've cut our GDP forecasts for Canada by 0.4ppts to 0.7% growth in 2025 and by 0.1ppt to a 0.2% contraction in 2026. Despite lower US-Canada tariffs, we expect Canada's recession will be deeper due to weaker global demand from higher US tariffs on the rest of the world.
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8 Pages
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