Canada Economic Outlook for April 2024

This document provides an economic forecast for Canada in 2024, highlighting key trends such as inflation, labor market performance, and GDP growth. It discusses the potential for Canada to avoid a recession, driven by factors like U.S. economic strength and anticipated interest rate cuts. The report also addresses challenges such as rising business insolvencies and household mortgage delinquencies, offering a cautious yet optimistic view of the Canadian economy's recovery trajectory.