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Economic outlook

It's complicated: The conditions required for Canada's economic comeback

A quarterly publication that offers insights from Deloitte economists on trends and events shaping Canadian and international economies, such as economic growth, consumer spending, business investment, trade, market activity, interest rates, and commodity prices.

It's complicated: The conditions required for Canada's economic comeback

Economic outlook: Fall 2025

2025 is emerging as a reset year for Canada’s economy. Labour markets are softening, investment remains hesitant, and growth is modest. Yet the signals of a rebound are emerging: easing inflation, interest rate cuts, and infrastructure spend all point to momentum building for 2026.

What will it take for Canada’s reset year to become the start of a rebound? And how can leaders prepare for the opportunities already forming?

Find out in our latest Economic outlook, It’s Complicated: The conditions required for Canada’s economic comeback.

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