Downturn in Canada’s economy seen deepening if U.S. growth fades

Canada's economy is flirting with recession and the downturn could worsen now that a period

November 20, 2023

Canada's economy is flirting with recession and the downturn could worsen now that a period of rapid growth in the United States is expected to end, raising bets on the Bank of Canada shifting to interest rate cuts sooner than previously thought.