Economists suggest that Canada’s declining growth could signal the onset of a recession in the second quarter.
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Economists suggest that Canada’s declining growth could signal the onset of a recession in the second quarter.
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It’s concerning to hear that Canada’s growth is slumping, as that could signal a potential recession in the second quarter. Economic downturns can have widespread impacts, affecting businesses, jobs, and consumer confidence. It’s important for policymakers to react appropriately, whether through fiscal stimulus or monetary policy adjustments, to mitigate the effects and support recovery. What are your thoughts on the steps Canada could take to navigate this situation?