20:44:53 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Bank of Nova Scotia
Symbol BNS
Shares Issued 1,236,013,239
Close 2026-01-07 C$ 99.85
Market Cap C$ 123,415,921,914
Recent Sedar+ Documents

FP says BMO, rivals hear GDP growth expected to slow

2026-01-08 08:12 ET - In the News

See In the News (C-BMO) Bank of Montreal

The Financial Post reports in its Thursday edition that Deloitte Canada has lowered its 2026 growth expectations, now forecasting a 1.5-per-cent rise in gross domestic product this year, down from 1.7 per cent. The Post's Jordan Gowling writes that Desjardins attributes this outlook to continued uncertainty with the global economy and the risks associated with the upcoming review of the Canada-United States-Mexico Agreement, scheduled for July. Deloitte expects business investment to remain subdued for the first half of this year, with a rebound in the third and fourth quarter as businesses get greater clarity after the CUSMA review. "Coupled with strong signals from the federal government to support private-sector investment, particularly in infrastructure and natural resources, the stage is set for a potential rebound in business investment later this year," the report said. New projects approved by the Major Projects Office and increased Trans Mountain pipeline usage are expected to contribute to this improvement in confidence. The report forecasts subdued hiring intentions by firms in the goods-producing and service-producing industries, but the jobless rate is expected to fall due to slowing population growth.

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