Recession 2024 Canada What To Expect. The federal reserve was about to cut interest rates, turning the corner after a long fight with inflation. August 07, 2024 at 3:03pm edt.
Statistics canada’s flash estimate for may shows 0.4 per cent gdp growth is expected for the month. As a result, canadians’ fears about a possible recession in 2024 have dropped since a year ago, though most canadians remain worried about the possibility, according to a recent leger survey conducted for ratesdotca and bnn bloomberg.