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Canada’s economy to grow 3.4% in early 2026, with inflation easing to 2.3%, despite ongoing business closures and high job vacancies.
Canada’s economy is projected to grow 3.4% in early 2026 after a 0.6% rise in late 2025, with inflation expected to ease slightly to 2.3%.
Private investment and employment are forecast to rebound, though job vacancies remain high at 387,600. Business closures continue to outpace new entries, particularly in transportation, wholesale, and finance, while health and education see more new firms.
Retail sales dropped 1.7% in Q4 2025 but are expected to surge 4.6% in Q1 2026.
CFIB warns sustained business losses threaten long-term growth and urges stronger policy support.
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La economía de Canadá crecerá un 3,4% a principios de 2026, con una inflación que disminuirá al 2,3%, a pesar de los continuos cierres de negocios y las elevadas vacantes de empleo.