Skip to main content

Economic outlook

Growth on pause: Canada’s economy at a turning point

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.

Growth on pause | Canada’s economy at a turning point

Economic outlook: Summer 2026

Canada’s economy remains in wait-and-see mode. Trade uncertainty, rising energy costs, and weak business investment are real risks to watch.

But there’s no need to panic. Growth may stay subdued in the near term, with early signs pointing to a modest recovery by 2027. See what could influence the pace of Canada's economic upturn in our Summer 2026 Economic outlook: Growth on pause

Economic Advisory releases

To receive future Economic Advisory releases, please fill in the form below. You can unsubscribe at any time. We respect the confidentiality of your personal details.

Essential insight. Real economists.

Markets move fast. So do we. Connect with our team to bring clarity to uncertainty.

A slow thaw | Growth remains soft, but improvements are ahead

Economic outlook: Sping 2026

Canada’s economy is caught between pressure and possibility. Consumers are cautious, businesses are hesitant, and the conditions for a stronger recovery are still coming together.

But that doesn’t mean momentum is off the table. Government investment, improved trade clarity, and a pickup in infrastructure and resource development could begin to unlock the growth Canada has been building toward.

See what could influence the pace of Canada's economic upturn in our Spring 2026 Economic outlook: A slow thaw

Did you find this useful?

Thanks for your feedback