Alida Barbara

Canada Economic Recession 2024. A us recession could happen by the end of the year, if the government's $34 trillion debt triggers it. Output per person is now about 30% higher than in western europe and canada, and 60% higher than in japan—gaps that have roughly doubled since 1990.

Rbc economics is projecting canada’s overnight lending rate will fall one per cent over the course of 2024, according to a december report. Canada’s stalled toward the end of 2022 with a flat gdp.