00000cam 2200000zi 4500 9.964100 CaOODSP 20260710114135 m o d f cr cn||||||||| 260710t20262026onca ob f000 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-8/2026-19E-PDF Chernoff, Alexander W., author. Potential output in Canada : 2026 assessment / Alex Chernoff, Chris Hajzler, Stéphanie Houle, Gabriella Ruggero, Olena Senyuta, Karanbir Sohal, Walter Steingress, Temel Taskin. [Ottawa] : Bank of Canada = Banque du Canada, 2026. ©2026 1 online resource (ii, 19 pages) : colour illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff analytical paper = Document analytique du personnel, 3110-9195 ; 2026-19 Issued also in French under title: La production potentielle au Canada : évaluation de 2026. "Last updated: May 25, 2026." Includes bibliographical references (pages 18-19). "Growth in potential output is expected to drop from 2.3% in 2025 to 1.2% in 2026 given slowing population growth, US tariffs and trade policy uncertainty. It is then estimated to pick up to an average of 1.5% over 2027-29 as strengthening business and government investment supports trend labour productivity (TLP). Gradual adoption of artificial intelligence is also expected to lift TLP growth over the projection horizon. Relative to Scenario 1 in the April 2025 assessment, growth is revised up in 2025 and revised down over 2026-29"--Abstract, page ii. Includes abstracts in English and French. Economic forecasting Canada. Gross domestic product Canada Forecasting. Industrial productivity Canada Forecasting. Canada Economic conditions. Bank of Canada, issuing body. La production potentielle au Canada : (CaOODSP)9.964103 Staff analytical paper (Bank of Canada) 3110-9195 ; 2026-19. (CaOODSP)9.958938 PDF 655 KB https://publications.gc.ca/collections/collection_2026/banque-bank-canada/FB3-8-2026-19-eng.pdf