Story perspectives

IMF Lowers Canada’s Growth Forecast Amid Tariff Tensions

4/26/2025

38 9

Summary

Story summary

The IMF has revised Canada’s economic growth outlook downward, citing U.S. tariffs and geopolitical tensions.
Canada’s GDP is now expected to grow by 1.4% in 2025 and 1.6% in 2026.
These projections represent decreases of 0.6 and 0.4 percentage points from previous estimates of 2% growth.

1 of 1

Story summary

The IMF has revised Canada’s economic growth outlook downward, citing U.S. tariffs and geopolitical tensions.
Canada’s GDP is now expected to grow by 1.4% in 2025 and 1.6% in 2026.
These projections represent decreases of 0.6 and 0.4 percentage points from previous estimates of 2% growth.