What GDP is telling the Bank of Canada: economists ...Middle East

Breadcrumb Trail Links News Economy Economy could already be in recession, putting an end to rate hikes Published Oct 31, 2023  •  4 minute read Canada’s economy could be in a technical recession. Photo by Postmedia Article content The Canadian economy could already be in a “modest” recession, one economist says, after Statistics Canada released the latest GDP numbers for August and a preliminary forecast for September and the third quarter. Gross domestic product in August was unchanged, Statistics Canada reported on Oct. 31, mirroring GDP in July and missing analyst estimates for a month-over-month uptick of 0.1 per cent. Advertisement 2 This advertisement has not

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