In our June update, Canada has entered a technical recession, with business investment frozen and consumer spending under pressure, while the U.S. economy continues to outperform and global oil markets remain volatile.

Explore a Canada Economic Outlook May 2026. The Andersen Economic Report helps leaders make informed business decisions.

In our April update, Canada is heading into a weak 2026, with growth lagging the U.S. and several regions either stalling or slipping backward.

In our March update, Canada faces weaker growth, while the U.S. handles geopolitical conflicts and AI-led momentum. Across commodities, geopolitics are steering prices for metals, energy, and building materials in different directions. Explore the full report to see what’s driving the trends and where the risks and opportunities are emerging next.

In our October update, Canada faces a softer patch while the U.S. expansion holds firm and policy tailwinds build. Across commodities, shifting demand and geopolitics are steering metals, energy, and building materials in different directions. Explore the full report to see what’s driving the trends and where the risks and opportunities are emerging next.

In our September update, Canada remains resilient—job strength and improving confidence offset pockets of softness. In the U.S., output is still climbing even as overall momentum cools and the policy outlook comes into focus. Globally, tariffs and shifting demand are reshaping commodities—sending metals, energy, and agriculture on different paths. Dive into the sections for what’s driving these moves and what to watch next.

In our August update, we explore Canada’s economic slowdown, the U.S.’s cooling growth with a positive Q3 GDP outlook, and global commodities under pressure from tariffs and oversupply. Amid the headwinds, rising U.S. lumber prices present new opportunities for Canadian exporters navigating shifting demand.

In our July update, we offer a clear-eyed look at U.S. economic momentum, Canada’s uneven regional outlook, and the commodity market pressures reshaping global trade. From shifting demand to sector-specific strains, this report highlights the trends influencing CEO decision-making in a volatile economic landscape.

In our June update, we highlight key shifts in the economic landscape—Canada grapples with slowing momentum, the U.S. charts a stable course with underlying risks, and global energy markets reshape trade dynamics. TEC Canada members can access the full report through the TEC Canada App for deeper insights.

In our May update, we explore how Canada’s economy shows signs of strain, the U.S. remains resilient despite tariff risks, and global energy markets shift as oil prices drop and Canada gains LNG ground in China. TEC Canada members can access the full report through the TEC Canada App for deeper insights.