Will Canada dodge recession or not? Economists believe… ...Middle East

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Canada will dodge a recession by a narrow margin, economists say, but elevated interest rates will keep economic growth near zero for a while. Canada Recession: Canadian Prime Minister Justin Trudeau holds a press conference.(Reuters) Gross domestic product will be flat this quarter and grow at an annualized pace of just 0.3% in the first quarter of next year, according to the median response in a Bloomberg survey of economists. Both figures are a downgrade from the previous month’s survey, and project growth that’s well below the rate at which Canada’s population is increasing. The gloomier outlook comes ahead of a Bank of Canada interest rate decision on Wednesday, when Governor T

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