Canada’s Economic Slowdown Could Be Good for the U.S.: Kiplinger Economic Forecasts

The country is still in growth mode but only just, with several factors set to weigh on it.

Canada flag and USA flag side by side
(Image credit: Getty)

Canada is one of our closest neighbors and a major trading partner, so its fortunes have a big bearing on our economy. To help you understand how its economy is performing and what we think will happen across the borders in the future, our highly experienced Kiplinger Letter team will update you on the latest news (Subscribe to The Kiplinger Letter or get a free issue). Here’s the latest forecast…

The Canadian economy is heading toward a slowdown, but not a recession, which is good news for cross-border trade with the U.S., since Canada is America’s no. 2 trade partner. 

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Rodrigo Sermeño
, The Kiplinger Letter

Rodrigo Sermeño covers the financial services, housing, small business, and cryptocurrency industries for The Kiplinger Letter. Before joining Kiplinger in 2014, he worked for several think tanks and non-profit organizations in Washington, D.C., including the New America Foundation, the Streit Council, and the Arca Foundation. Rodrigo graduated from George Mason University with a bachelor's degree in international affairs. He also holds a master's in public policy from George Mason University's Schar School of Policy and Government.