-- The International Monetary Fund (IMF) Tuesday trimmed its 2026 forecast for Canada's gross domestic product growth by 0.1 percentage points to 1.5%, while keeping the estimate at 1.9% for next year.
The IMF published its latest World Economic Outlook on Tuesday.
Canada's GDP expanded 1.7% in 2025.
The softer near-term profile reflects weaker momentum at the end of 2025 and slower population growth, while earlier monetary easing and supportive fiscal policy help sustain domestic demand, wrote the IMF in Tuesday's WEO.
This is broadly unchanged from the October 2025 WEO forecast, with the positive terms-of-trade shock of higher oil prices offsetting the other effects of the war in the Middle East, added the IMF.
Consumer prices are projected to rise to 2.5% this year before slowing to 2.1% in 2027, which was the same level as in 2025, according to the IMF's April 2026 WEO.