Canada 2024 Economic Outlook

Canada 2024 Economic Outlook. The slight upgrade to the 2024 outlook is largely to the credit of the u.s., with smaller economies also pitching in, like the u.k. Population growth is assumed to decline from about 2½% in the second half of 2024 to.

Three elements, in particular, could worsen the picture and tip the economy into a mild recession. And global economies have beaten expectations, canada’s economy has struggled to grow, and it appears that it will continue to do so through much of 2024.