Recession 2024 Canada What To Expect

Recession 2024 Canada What To Expect. In the face of higher interest rates, canada has avoided the recession that some had predicted. A tougher slog for canada for canada, however, it’s been a tougher go.

But unemployment is rising, consumer spending is expected to slow further and the bank of canada has a laundry. Gdp data shows that canada is currently in a mild recession but isn’t expected to be severe this year or next.