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The report
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AI analysis
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Key arguments
- Canada's GDP growth is expected to rebound from a contraction in 2025 to modest growth in 2026 and 2027.
- U.S. GDP growth is projected to remain stable around 1.8% through 2027.
- Inflation is expected to moderate in both countries, with Canada's CPI easing to 2.1% by 2027.
Risks
- Trade tensions could further dampen growth.
- Inflation may persist longer than expected.
- Policy rate adjustments could be less supportive if inflation remains elevated.