What Is a Recession — and Who Decides when Canada Is in One? Here’s What to Know

What is a recession — and who decides when Canada is in one? Here’s what to know

From stock markets’ decline to job losses — these are a few signs that can point to a possible recession. Here’s what to know.

Fitch warns of recession in Canada in 2025 with a sharp drop in confidence - Global Happenings

According to the agency, ‘the strong increase in the effective US tariff of Canadian imports so far mainly affected the feeling, but there are already initial signs of impact on economic activity’ EFE/ CJ GUNTHERThe feeling of consumers also got worse, with increasing unemployment feeding concerns about occupational safety Fitch Ratings said on Monday (19) that the economy of Canada walks to a recession in 2025, in the face of a “significant dr…

Fitch Ratings stated on this Tuesday (19), that Canada's economy is leading to a still recession in 2025, before a “any significant confidence” resulting from the increase in US prices on Canadian products. According to the risk rating agency, “the strong increase in the US effective rate of Canadian imports has so far affected the feeling, but there are already initial signs of impact on economic activity”. The agency notes that trade gaps betw…