Will There Be A Recession In 2024 In Canada. However, we expect a modest recovery in the latter half of 2024 as the bank of canada. But unemployment is rising, consumer spending is expected to slow further and the bank of canada has a laundry list of things it's worried about.
The good news is we’ve so far managed to avoid that scenario. Jackson hole meeting confirms that central banks’ concerns have shifted from prices to employment and economic activity in search of an elusive soft landing jerome powell, chair.