Canada's Economy Contracts for Second Consecutive Quarter, Sparks Recession Debate
Canada's economy unexpectedly contracted for a second straight quarter, sparking debate among analysts over whether the country is in a technical recession, with some experts noting the situation is not favorable.
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Canada’s Economy Contracts for a Second Straight Quarter - WSJ
Canada’s Economy Contracts for a Second Straight Quarter WSJ
Read full article →Canada in technical recession ‘talk’ divides analysts; KPMG note says: It’s not good
Canada's economy unexpectedly contracted by 0.1% in the first quarter, marking two consecutive quarters of decline and sparking debate over a technical recession. Prolonged U.S. tariff uncertainty and geopolitical headwinds have impacted business investment and driven up domestic prices, though some economists dispute the recession label due to a lack of widespread weakness.
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