4.1 C
New York
March 13, 2026
Worship Media
Business

Canada headed for ‘severe’ and ‘inevitable’ recession in 2023: economist

Canada is headed for a ‘severe’ and ‘almost inevitable’ recession in early 2023, according to the head of economics at Macquarie Group, which states Canada will face an approximately three per cent contraction in gross domestic product and a five per cent rise in its unemployment rate during the predicted recession. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/canada-headed-for-severe-and-inevitable-recession-in-2023-economist-1.6091129

Related posts

Alberta backing offsets higher risk after Biden vows to kill Keystone XL: analyst

CTV News

France announces US$16.9 billion in aid for aviation industry

CTV News

Facebook civil rights audit: ‘Serious setbacks’ mar progress

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy