Is A Recession Coming In 2024 Canada. Canada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, deloitte canada said in its economic outlook report. Canada’s economy is showing signs of underlying strength as some consumers and businesses brush off recession fears, a flurry of data releases on friday suggest.
National bank’s reading is more pessimistic than the consensus. Economists typically define a recession as two consecutive quarters of negative growth in real gross domestic product, often.
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