Canada likely to avoid recession, begin recovering in second half of 2024: Deloitte
TORONTO — Canada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, Deloitte Canada said in its economic outlook report. A number of worrisome trends are still weighing on the economy, Deloitte said, including sticky inflation, rising business insolvencies and increasing mortgage delinquencies. “Against this backdrop, we remain cautious […]
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