Canada Likely to Avoid Recession, Begin Recovering Later in 2024: Deloitte [1]
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Source: Global News
Canada looks set to avoid a recession despite the ongoing downward pressure from higher interest rates, Deloitte Canada said in its economic outlook report. However, a number of worrisome trends are still weighing on the economy, including sticky inflation, rising business insolvencies and increasing mortgage delinquencies.
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Friday, April 5, 2024
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