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Deloitte forecasts slower Canada growth due to trade and energy risks.
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.
Chief economist Dawn Desjardins notes cautious consumers and businesses, with the unemployment rate expected to gradually fall to 6.3%.
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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Deloitte pronostica un crecimiento más lento en Canadá debido a los riesgos comerciales y energéticos.