Canada to enter 'moderate and short-lived' recession in 2023, RBC economists warn - The Globe and Mail


7/7/2022 12:00:00 AM2 years 10 months ago
by Matt Lundy

Next year will see Canadians pull back spending and experience job losses as the economy copes with with rising interest rates and inflation, RBC economists project in a new report

The Royal Bank of Canada building on Bay Street in Toronto on May 27, 2020.Nathan Denette/The Canadian Press The Canadian economy will slip into a moderate and short-lived recession in 2023 as it co… [+3375 chars]

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