Is There Recession In Canada 2024

Is There Recession In Canada 2024. Global gdp growth was forecast at 2.4%. Royce mendes, managing director and head of macro strategy at desjardins group, talks about the bank of canada ‘s latest monetary policy decision and what it tells us about the economy and where interest rates go from here.

Canada’s economy is showing clear signs of a slowdown, as after shrinking in june, the total value of all goods and services sold was essentially unchanged in july and august — and likely. So, will the anticipated recession hit this year?