Is There Recession In Canada 2024

Is There Recession In Canada 2024. Is canada already in a recession? The canadian economy will begin 2024 still mired in recession as the lagged impact of higher interest rates continues to filter through.

While the economy should benefit from a more predictable environment, high interest rates will continue to weigh against more. But unemployment is rising, consumer spending is expected to slow further and the bank of canada has a laundry.