Is There Recession In Canada 2024. Inverted yield curve has steepened. After a year of surprising resilience in the face of high interest rates, canada’s economy enters 2024 in an uneasy state.
But unemployment is rising, consumer spending is expected to slow further and the bank of canada has a laundry list of things it’s worried. Typically, during a recession in canada, inflation would fall because canadians would spend less money.
