Chart 1: Potential output growth is revised down over 2025–27, largely due to trade impacts and population https://www.bankofcanada.ca/?p=246050 Labour variables data Population (including judgment) GDP and investment Negative trade confidence Broad-based tariffs (Scenario 2) Total (Scenario 1) Total (Scenario 2) -0.020.000.000.250.010.260.25 0.15-0.010.000.190.020.15-0.06 0.210.040.220.000.21-0.05-0.01 -0.020.370.000.38-0.040.350.08 -0.06-0.510.36-0.63-0.110.13-0.06 -0.11-1.160.03-0.20-0.20-0.960.08 -0.21-0.260.08-0.40-0.04-0.09-0.66