Canada’s Five-Year Outlook—October 2025

Canada’s Five-Year Outlook—October 2025

Canadian Economic Analysis
24 min read

Author: Cory Renner, David Ristovski, Doris Chu, Jake Lenarduzzi, Kiefer Van Mulligen, Maxime Arseneau, Meghan Eibner, Richard Forbes, Robin Wiebe

$735.00

This quarterly economic forecast provides highlights of the Canadian Outlook report, which presents the short-term national outlook.

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Triggering a Paradigm Shift

This quarter, we assess the strain on the Canadian economy of a turbulent 2025.

How much of a drag does U.S. trade policy continue to be on Canada’s economy? To what extent will consumers stay cautious about spending and businesses pull back on investment and hiring? We share our forecast for Canada’s economic and fiscal outlook over the next five years, including gross domestic product, interest rates, jobs, business investment, housing markets, and international trade.

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