06/05/2026
Canada’s economy contracted at an annualized rate of 0.1% in Q1, falling short of expectations and marking a second consecutive quarter of negative growth. While per capita GDP posted a modest gain, underlying momentum remains weak, with ongoing softness across domestic demand, investment, and trade.
Our latest Market Monitor breaks down the key drivers behind the slowdown, the pockets of resilience, and what the early Q2 data may be signalling for the outlook ahead.
Read the full analysis: https://thecmigroup.ca/press-room/weak-economy-but-not-a-recession/