Canada’s Five-Year Industry Trends Outlook—April 2026

Industries Continue to Roll With the Punches in 2026

In 2026, many of Canada’s industries, particularly manufacturing, will continue to be unsettled by weaker domestic and global demand and ongoing trade uncertainty fuelled by U.S. trade policy.

Will output growth for most of Canada’s resources remain sluggish in 2026? What will support the construction sector over the next few years? What three factors will combine to take a bite out of manufacturing output growth for another year? What does the services picture look like? And what is expected to lead to significant cutbacks in public administration?

Read the online experience for our full five-year outlook.