Canadian economy ‘expected to strengthen’ after technical recession: OECD
The OECD projects that Canada's economy will rebound from a technical recession in 2026, with GDP growth expected to reach 1.7% by 2027. Growth is anticipated to be supported by government spending, business investment, and energy exports.
Why it matters
Economic forecasts from international bodies like the OECD influence investor confidence and national fiscal policy planning.
After Canada’s economy slipped into a technical recession last week, a new outlook by the Organisation for Economic Co-operation and Development, or OECD , said on Wednesday said that GDP growth is set to rebound later in the year and continue growing into 2027.
The article relies on economic data and institutional projections without taking a political stance.
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