Posthaste: Canada’s finances on ‘precarious path’ as economy slows ...Middle East

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Posthaste: Canada’s finances on ‘precarious path’ as economy slows
Breadcrumb Trail Links News Bleaker outlook doesn’t bode well for the federal government, says economist Published Oct 12, 2023  •  Last updated 4 minutes ago  •  3 minute read Canada’s slowing economy could be bad news for federal finances, economist says. Photo by ANDRE FORGET/Postmedia Article content Article content Forecasts are being cut as Canada’s economy groans under the weight of higher-for-longer interest rates. With third-quarter GDP expected to miss what the Bank of Canada and others were predicting just months ago, the bleaker outlook threatens to hit not only Canadians in their pocketbook — but their government as well. “This souring of the

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