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1. • Canada’s not (technically) in a recession

     • Canada’s not (technically) in a recession. Economists typically define a recession as two consecutive quarters of negative growth in real gross domestic product, often accompanied by a surge in unemployment.
     globalnews.ca/news/10696783/recession-canada-economy-me-cession/

     The economy’s fine, but you’re not getting ahead: Welcome to ...

2. People also ask

   Do Canadians still expect a recession?

   • Half of respondents to the consumer survey still expect a recession in the coming year — that sentiment is down slightly from the previous quarter — while their confidence in the economy’s future overall has improved, the Bank of Canada notes. “Some households are starting to think the worst is behind them,” the Bank noted in its survey.

   Will there be a recession in Canada? What the latest data tells us

   globalnews.ca/news/9803771/canada-gdp-april-2023/

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   Are Canadians worried about a recession in 2024?

   • As a result, Canadians’ fears about a possible recession in 2024 have dropped since a year ago, though most Canadians remain worried about the possibility, according to a recent Leger survey conducted for RATESDOTCA and BNN Bloomberg. So, will the anticipated recession hit this year?

   Expect 2024 downturn followed by a rate-cut rebound: economists

   www.bnnbloomberg.ca/business/economics/2024/01/05/expect-2024-downturn-followed-by-a-rate-cut-rebound-economists/

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   Would Canada's economy have been in a recession without immigration?

   • Charles St-Arnaud, chief economist with credit union group Alberta Central, says without immigration, Canada's economy would have been in a recession at the end of last year. (Justin Pennell/CBC)

   Immigration prevented a recession last year, but looming changes coul…

   www.cbc.ca/news/business/economic-impact-immigration-cuts-1.7362448

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   Is a recession on the horizon for Canada?

   • Economists and market watchers warn of a possible recession on the horizon for Canada, typically defined as two or more consecutive quarters of negative GDP growth.

   Is Canada headed for a recession? Here’s what the latest data shows

   globalnews.ca/news/9658213/canada-gdp-february-2023/

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   Does Canadian economy feel recessionary?

   • St-Arnaud is not the only one to point out that the Canadian economy feels recessionary, regardless of how the GDP numbers read. “Businesses are saying that they’re starting to see consumers paring back. Households are saying they feel stressed,” RBC economist Carrie Freestone says.

   The economy’s fine, but you’re not getting ahead: Welcome to the ‘me

   globalnews.ca/news/10696783/recession-canada-economy-me-cession/

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   Will Canada weather a recession better than other countries?

   • Carney cited a strong labour market and low unemployment as reasons why Canada will do better than other countries in weathering the coming recession.

   Canada 'likely' headed into recession but will fare better than many

   www.cbc.ca/news/politics/canada-carney-recession-uk-turmoil-1.6623778

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3. globalnews.ca › news › 10696783The economy’s fine, but you’re not getting ahead: Welcome to ...

   globalnews.ca › news › 10696783

   • Cached

   Aug 14, 2024 · Canada’s not (technically) in a recession. Economists typically define a recession as two consecutive quarters of negative growth in real gross domestic product, often accompanied by...

   • Is Canada headed for a recession? Here’s what the latest data ...

     While Canada’s economy rebounded from what was an...

4. www.cbc.ca › news › businessImmigration prevented a recession last year, but looming ...

   www.cbc.ca › news › business

   • Cached

   Oct 24, 2024 · Reducing the number of new immigrants admitted to Canada could have negative consequences for the economy and pose challenges for commerce, according to business advocates and economists.

5. Videos

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     Is Canada heading for a recession? What the latest GDP data tells us

     Jun 30, 2023

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     What a 2023 recession in Canada could look like

     Jan 19, 2023

     45K Views

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     2:31

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     Canada faces economic trouble in months ahead: International Monetary Fund

     Oct 23, 2022

     31.9K Views

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6. www.bnnbloomberg.ca › business › economicsExpect 2024 downturn followed by a rate-cut rebound: economists

   www.bnnbloomberg.ca › business › economics

   Jan 5, 2024 · As a result, Canadians’ fears about a possible recession in 2024 have dropped since a year ago, though most Canadians remain worried about the possibility, according to a recent Leger survey conducted for RATESDOTCA and BNN Bloomberg.

7. www.cbc.ca › news › businessIs Canada in a recession? Latest monthly GDP numbers show ...

   www.cbc.ca › news › business

   • Cached

   Oct 31, 2023 · Statistics Canada reported Tuesday that the country's gross domestic product was flat in August, as the service sector expanded a little but output from goods-producing industries shrank.

8. globalnews.ca › news › 9803771Will there be a recession in Canada? What the latest data ...

   globalnews.ca › news › 9803771

   • Cached

   Jun 30, 2023 · Canada’s economy is showing signs of underlying strength as some consumers and businesses brush off recession fears, a flurry of data releases on Friday suggest.

9. globalnews.ca › news › 9658213Is Canada headed for a recession? Here’s what the latest data ...

   globalnews.ca › news › 9658213

   • Cached

   Apr 28, 2023 · While Canada’s economy rebounded from what was an essentially “flat” quarter for GDP growth to end 2022, economists said Friday that new data is showing efforts to slow the economy are starting...

10. www.cbc.ca › news › politicsCanada 'likely' headed into recession but will fare better ...

    www.cbc.ca › news › politics

    • Cached

    Oct 20, 2022 · Former Bank of Canada and Bank of England governor Mark Carney says Canada likely will head into a recession next year but will fare better than many other countries and bounce back...