Canada slips into a technical recession for first time since 2020

Canada has slipped into a technical recession for the first time since 2020, with economists attributing the downturn largely to trade uncertainty over the past year. The report signals weaker macro momentum and a cautious backdrop for Canadian growth-sensitive assets, though the article does not cite specific GDP figures or market moves.

Analysis

Canada has slipped into a technical recession for the first time since 2020, with economists attributing the downturn largely to trade uncertainty over the past year. The report signals weaker macro momentum and a cautious backdrop for Canadian growth-sensitive assets, though the article does not cite specific GDP figures or market moves.