Recession 2024 In Canada. The market participants survey results are based on questionnaire responses. Typically, during a recession in canada, inflation would fall because canadians would spend less money.
Inflation has fallen from its june 2022 peak of 8.1 per cent to 2.9 per cent in january and to 2.8 per cent in. A flurry of economic releases show canada’s economy has some underlying strength, with opinions mixed about whether a recession is still in the cards.