Recent reports from Deloitte Canada and coverage by multiple news outlets including CP24, National Post, and Global News suggest that Canada is likely to avoid a recession and is expected to begin its economic recovery in the second half of 2024. The optimism comes despite concerns over the impact of higher interest rates, which have been applying downward pressure on the economy. Deloitte Canada's economic outlook report has been cited as a key source of this positive forecast.
Posthaste: Canada may just pull off that elusive 'soft landing' — except for this province https://t.co/ufSuDHj2xU https://t.co/0HF1opkfeq
Canada 'appears likely to skirt a recession', begin recovering in second half of 2024: report https://t.co/KjWrbYESQ2 https://t.co/HXnwAqplzT
Canada likely to avoid recession, begin recovering later in 2024: Deloitte https://t.co/JOYAr71IpJ https://t.co/D2jlnV3FVE
Canada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, Deloitte Canada said in its economic outlook report. READ MORE: https://t.co/qG6kbi3w09 https://t.co/qG6kbi3w09
Canada likely to avoid recession, begin recovering in second half of 2024, Deloitte says https://t.co/5seFxA7rvO
Canada likely to avoid recession, begin recovering in second half of 2024: Deloitte https://t.co/qHvZJ1mx3y
🇨🇦🚨‼️ Toronto … Canada slowly declines https://t.co/q4jdgqtKd4