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Ontario could avoid recession this year, even as tariffs take hold, fiscal watchdog says

Summary by CBC News
Ontario’s fiscal watchdog says the province could avoid a recession this year, but the findings of his latest report show the trade war with the U.S. is taking a bite out of Ontario’s economy. The data is part of the latest update from the province’s Financial Accountability Office.

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CBC News broke the news in Canada on Thursday, November 27, 2025.
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