Economists Raise Growth Outlook for Canada as Tariff Threats Ease
Trucks cross the Peace Bridge at the Canada-US border in Fort Erie, Ontario, on April 2.
Photographer: Laura Proctor/BloombergAnalysts boosted their forecasts for economic growth in Canada this year as fears of a drawn-out trade dispute with the US fade.
Economists surveyed by Bloomberg say output will rise at a 1.4% annual pace in 2025, up from 1.2% expected last month. At that rate, Canada’s economy would trail only the US among Group of Seven countries.