Modest Growth Projected for 2026 as Uncertainty From Iran War, Trade Linger: Deloitte

Modest Growth Projected for 2026 as Uncertainty From Iran War, Trade Linger: Deloitte
A Deloitte sign is pictured in Ottawa on Dec. 11, 2025. The Canadian Press/Sean Kilpatrick
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The Canadian economy is expected to see modest growth this year, but the ongoing war in the Middle East and continued trade uncertainty are among the risks to that projection.

Deloitte’s spring economic outlook released Thursday estimated 1.2 percent growth in 2026, down from last year’s 1.7 percent gain.