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Canada recession will be worse than other advanced nations: economists
Breadcrumb Trail Links News This country has already slipped into a recession, say Oxford Economics Published Jan 02, 2024  •  Last updated 11 minutes ago  •  4 minute read Oxford Economics believes the recession started in Canada in the third quarter of 2023 and will continue until the second quarter of 2024. Photo by Financial Post Article content Article content Could Canada already be in a recession? Some economists think so. “Whereas the [Bank of Canada] BoC has underplayed the Q3 GDP contraction and still anticipates a soft landing, we believe the economy has already slipped into a recession,” said the team at Oxford Economics led by Tony Stillo. “Four key themes w

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