Deloitte Canada cuts GDP forecast by 20% as tariffs grip economy amid Trump's trade war

Canada will need to boost business confidence and investment if it wants to maintain recent upward momentum, report says

Deloitte Canada has shaved 20 per cent off its growth forecast for Canada's economy in 2027, citing increasingly tough conditions for consumers and businesses. The accounting firm's latest outlook comes as a new American ban on select Canadian imports took effect.