Deloitte | News | Economy

An overview of Deloitte news in Canada:

Canada to experience mild recession this year, Deloitte says Canada’s real gross domestic product (GDP) is projected to fall by 0.5% in 2023 and then rebound with 2% growth in 2023, according to an economic outlook report from Deloitte Canada.
28 March 2023
Battered by cost of living crisis, consumers cutting back on holiday spending Worn down by broad-based inflation and worsening finances, Canadian consumers are expected to spend 17% less this holiday season than in 2021, according to Deloitte Canada’s annual holiday retail out
09 November 2022
Deloitte: Average holiday shopper expected to boost spending by 31% Canadians expect to spend an average of $1,841 this holiday season - up 31% from 2020’s $1,405 and up 8% from 2019’s $1,706 - according to Deloitte’s annual Holiday Retail Outlook survey.
28 October 2021
Covid-19 and cheap oil will batter Canadian economy in 2020 The Canadian economy will be battered by Covid-19 and oil price declines in 2020, according to Deloitte’s March 2020 quarterly economic outlook.
25 March 2020
'Zombie' firms killing Canada's productivity, says Deloitte Mature, low-growth (‘zombie’) companies are sapping the productive potential of Canada as the business world is buffeted by the forces of continued globalization and startup-driven tech disruption.
21 November 2018
Canadian economy expected to cool off as business cycle concludes After experiencing robust economic growth of 3% in 2017, Deloitte Economic Advisory expects the Canadian economy to grow 2% in 2018, cooling further to 1.4% in 2020.
17 October 2018
Deloitte Canada hires Craig Alexander as its first Chief Economist Deloitte Canada has hired on Craig Alexander as its first Chief Economist, the firm announced yesterday.
23 May 2018

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