Canada's Economy Poised for Recovery in Second Half of 2024
Monday, 1 April 2024, 10:05
Canada Economic Outlook by Deloitte
Deloitte Canada predicts that the country is on track to avoid a recession and start recovering in the second half of 2024.
Key Trends
- Inflation: Remains a concern with its persistent nature.
- Business Insolvencies: On the rise, impacting economic stability.
- Mortgage Delinquencies: Increasing, posing challenges for the housing market.
Deloitte emphasizes cautious optimism in light of these trends but sees Canada's economic future as promising.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.