Recession 2024 Canada. And global economies have beaten expectations, canada’s economy has struggled to grow, and it appears that it will continue to do so through much of 2024. While the economy should benefit from a more predictable environment, high interest rates will continue to weigh against more vigorous economic activity.


Recession 2024 Canada

The canadian economy will begin 2024 still mired in recession as the lagged impact of higher interest rates continues to filter through. As a result, canadians’ fears about a possible recession in 2024 have dropped since a year ago, though most canadians remain worried about the possibility, according to a recent leger survey conducted for ratesdotca.

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