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flag Deloitte forecasts slower Canada growth due to trade and energy risks.

flag Deloitte predicts Canada's economy will grow at 1.2% in 2026, down from 1.7% in 2025, due to risks from the Middle East conflict, trade uncertainty, and high energy prices. flag Chief economist Dawn Desjardins notes cautious consumers and businesses, with the unemployment rate expected to gradually fall to 6.3%. flag The forecast assumes Canada maintains tariff-free access to the U.S. under the trade agreement, while the Bank of Canada is expected to keep rates at 2.25%.

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