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1. • Mild recession

     • Canada is expected to experience a "mild recession" at the start of 2024, said Desjardins Group's chief economist Dawn Desjardins.
     Reference:

     Canada's economy will fall into a 'mild recession' in 2024 ...

2. People also ask

   Will Canada go into a recession in 2024?

   • Canada may be likely to avoid a recession, but we won’t start recovering until the second half of 2024, according to Deloitte. Canada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, Deloitte Canada said in its economic outlook report.

   Will Canada go into a recession in 2024? - MoneySense

   www.moneysense.ca/news/will-canada-go-into-a-recession-in-2024/

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   Will the bank of Canada cut interest rates in 2024?

   • BNNBloomberg.ca spoke with economists who said they are expecting a downturn in early 2024 followed by a rebound later in the year if the Bank of Canada starts to cut interest rates. Read economists’ predictions about what lies ahead for Canada’s economy below. RECESSION OUTLOOK

   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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   Why did the Canadian economy slow in 2023?

   • The Canadian economy slowed throughout the year as higher interest rates bit into households and businesses. High interest rates, inflation and a slowing economy hit Canadian wallets hard in 2023. CBC’s Peter Armstrong breaks down the financial outlook for 2024 and why there’s still a lot of uncertainty ahead. For months, the economy has stagnated.

   What does 2024 have in store for the Canadian economy?

   www.cbc.ca/news/business/armstrong-inflation-economy-1.7066473

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   Is Canada in a recession?

   • Anne Gaviola has more – Aug 14, 2024 Many Canadians today are feeling the pinch and reining in their spending, waiting out harsh economic winds in a pattern of behaviour typical of major recessions and financial crashes in history. The difference this time around? Canada’s not (technically) in a recession.

   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 a recession hit in 2023?

   • RECESSION OUTLOOK Many economists were calling for a recession to hit in 2023, but economic data has been surprisingly resilient in the face of a steep interest rate-hiking campaign from the Bank of Canada aimed at reining in inflation.

   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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   Will Canadian consumers see progress in 2024?

   • Canadian consumers were clobbered by skyrocketing interest rates and stubbornly high price growth last year. They should see progress on both fronts in 2024. But the new year will also bring new challenges. As inflation eases and interest rates fall, what lies ahead for the Canadian economy?

   What does 2024 have in store for the Canadian economy?

   www.cbc.ca/news/business/armstrong-inflation-economy-1.7066473

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3. www.moneysense.ca › news › will-canada-go-into-aWill Canada go into a recession in 2024? - MoneySense

   www.moneysense.ca › news › will-canada-go-into-a

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   Apr 1, 2024 · Canada may be likely to avoid a recession, but we won’t start recovering until the second half of 2024, according to Deloitte.

4. financialpost.com › news › economyCanada's economy will fall into a 'mild recession' in 2024 ...

   financialpost.com › news › economy

   Dec 17, 2023 · Dawn Desjardins, chief economist at Deloitte Canada, talks to the Financial Post’s Larysa Harapyn about the outlook for the Canadian economy in 2024, how many interest rate cuts to expect from the Bank of Canada, along with what’s next for the labour market, economic growth and more.

   • Author: Larysa Harapyn

   • Video Duration: 9 min

5. Videos

   • 

     1:51

     globalnews.ca

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

     Jun 30, 2023

   • 

     financialpost.com

     Canada's economy will fall into a 'mild recession' to start 2024, says Deloitte economist

     Dec 16, 2023

   • 

     1:43

     globalnews.ca

     Canada likely to avoid recession, begin recovering later in 2024: Deloitte

     Apr 1, 2024

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

   globalnews.ca › news › 10696783

   • Cached

   Aug 14, 2024 · Economists argue that population growth has lifted the country out of recession territory even as individual Canadians feel like they're struggling to get ahead.

7. www.ctvnews.ca › business › canada-likely-to-avoidRecession likely avoided in Canada in 2024: Deloitte - CTV News

   www.ctvnews.ca › business › canada-likely-to-avoid

   Apr 1, 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.

8. www.bankofcanada.ca › publications › mprProjections - Bank of Canada

   www.bankofcanada.ca › publications › mpr

   • Cached

   Oct 23, 2024 · The Bank of Canada’s projection is conditional on several key inputs and assumptions about their future path. The Bank regularly reviews these assumptions and adjusts the economic projection accordingly. Population growth of people aged 15 and over is estimated to be 3.3% in 2024 and 1.7% on average in 2025–26.

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

   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. So, will the anticipated recession hit this year?

10. www.cbc.ca › news › businessWhat does 2024 have in store for the Canadian economy?

    www.cbc.ca › news › business

    • Cached

    Jan 1, 2024 · What does 2024 have in store for the Canadian economy? Canadian consumers were clobbered by skyrocketing interest rates and stubbornly high price growth last year. They should see progress on...