Despite subdued near-term growth prospects, Canada’s economy is anticipated to improve over the second half of 2025. According to Oxford Economics, quicker policy interest rate cuts by the Bank of Canada are forecast to underpin an upwardly revised improvement in economic growth next year.
Potential downside risks could thwart Canada’s expected economic recovery
Slower population growth and expected US policy shifts could cause Canada’s economy to underperform expectations
By Carl Gomez
CoStar Analytics
November 26, 2024 | 3:33 P.M.
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