Trade Clarity to Help Canada’s Economy Rebound After Modest Recession: Deloitte
- Some economists view Canada's tariff dispute with the United States positively, suggesting that the economy may avoid worst-case scenarios from the trade war.
- Deloitte Canada forecasts a modest recession in the second and third quarters of the year due to tariff-induced uncertainty, yet anticipates real GDP growth of 1.1% this year.
- Desjardins indicated that the downturn could have been worse without tariff exemptions for CUSMA-compliant exports secured in early negotiations with the United States.
- Deloitte expects subdued growth in certain regions due to tariffs, while energy exports will boost output in the prairie provinces and Newfoundland and Labrador.
31 Articles
31 Articles
Trade Clarity to Help Canada’s Economy Rebound After Modest Recession: Deloitte
Some economists are putting an increasingly optimistic slant on Canada’s tariff dispute with the United States, arguing the economy should be able to avoid “worst-case” scenarios from the trade war. That doesn’t mean the Canadian economy gets off scot-free—a new forecast published by Deloitte Canada on Wednesday calls for a modest recession to hit in the second and third quarters of the year as uncertainty and weakness caused by tariffs start to…
Some economists are increasingly optimistic about the tariff dispute with the United States.
Trade clarity to help Canada’s economy rebound after modest recession: Deloitte
Some economists are putting an increasingly optimistic slant on Canada’s tariff dispute with the United States, arguing the economy should be able to avoid “worst-case” scenarios from the trade war.

Trade clarity to help Canada's economy rebound after modest recession: Deloitte
OTTAWA - Some economists are putting an increasingly optimistic slant on Canada's tariff dispute with the United States, arguing the economy should be able to avoid "worst-case" scenarios from the trade war.
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