Canada 2024 Economic Outlook. Economic growth in canada is forecast to improve in the second half of 2024 and strengthen further in 2025 and 2026. The annual rate of inflation stabilizes around the bank of canada’s 2% target, and economic growth picks up.
Business openings and closures slow in january. Getting into the nitty gritty of the economy, growth has been revised marginally higher for 2024 to 2.6%, although we expect the pace to continue slowing towards 2% by the end of the year.
