Is Canada in recession? ‘We see some weakness,’ Carney says, touts ‘process’
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Canada's economy is showing signs of weakness, with some outlets reporting that the country has entered a technical recession. The cause of the weakness is unclear, with one factor possibly being policy shifts to rebuild the economy, while another possible factor is lower immigration targets. Carney has acknowledged the weakness, stating that the economy is going through a "settling-in" period.
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