Kimmy Alexine

Is Canada Going Into A Recession 2024. Canada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, deloitte canada said in its economic outlook report. For canada, however, it’s been a tougher go.

Although the economy has managed to avoid a recession, it’s seeing only very modest growth, which we believe will. The economy is flashing a recession signal that’s been seen only 4 times in the past century, veteran economist steve hanke says.