
recession outlook


Market participants still expect the first Bank of Canada rate cut in April
Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April.

Brace for recession (if we’re not already in one), economists say
Canada’s economy is headed for an imminent recession in 2024—that is, if we aren’t already in one, economists say.

Not quite a recession, but Canada sees third-quarter growth turn negative
There was growing talk of the “R-word” (recession) leading up to today’s GDP data release, given the third quarter could have marked the second straight month of negative growth.

Recession talk gets louder as economic growth flatlines for second straight month
Canada’s economic growth has flatlined for the second straight month, and has now undershot expectations for the past five months.

Canadian recession imminent and could last through the first half of 2024: Desjardins
Despite Canada’s economy outperforming expectations over the last few quarters, signs are starting to suggest a slowdown is on the horizon, according to a report from Desjardins.

Despite the BoC’s growth outlook, Canadians are bracing for recession: TransUnion
While the Bank of Canada’s latest growth forecasts remain positive for the year ahead, Canadians aren’t taking any chances.
