Is Canada Heading For A Recession 2024
Is Canada Heading For A Recession 2024. The us stock markets could be heading for a flourishing period ahead and once the us recession fears and the effects of the us presidential elections 2024. 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.
After a year of surprising resilience in the face of high interest rates, canada’s economy enters 2024 in an uneasy state. “sometimes a recession is just a recession.” assuming a mild downturn in the u.s., the report forecasted 0.7% growth for the u.s.