Is A Recession Coming In 2024 Canada. 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. While the economy should benefit from a more predictable environment, high interest rates will continue to weigh against more vigorous economic activity.
Canada may be likely to avoid a recession, but we won’t start recovering until the second half of 2024, according to deloitte. It’s almost universally accepted that rate cuts are coming, but when, and by how much, is uncertain.
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