Canada slipped into a technical recession on an annualized basis as economic growth stalled in 1st quarter
BusinessCanada's economy contracted in the first quarter of the year on an annualized basis by a slim margin, Statistics Canada data showed on Friday, making it two consecutive quarters of annualized decline, which some would call a technical recession.Real GDP has declined for 2 consecutive quartersListen to this articleEstimated 4 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review an...
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