EXCLUSIVE: Financial stress could define 2025 as 70 percent of Canadians believe the economy is in recession (The Hub)
... findings of Pollara’s 30th Annual Economic Outlook Study highlight a complex and evolving economic landscape in Canada. What we find is that although perceptions of recession have improved significantly, with fewer Canadians believing the country is in recession compared to last year, skepticism about the economy’s overall strength remains pronounced.
A majority of Canadians still view the current economic climate as weaker than in prior years, indicating a cautious and tempered optimism. In specific terms, looking at Figure 1, we see that a strong majority of Canadians (70 percent) continue to feel our economy is in a recession—down 12 percentage points from last year. This is not new as Canadians have been living with recessionary fears since 2018. In fact, when looking over the last quarter century, Canadians have had very little confidence in the economy since the five-year period between 2003 and 2008 ...
CLICK HERE for the full story


Comments
Post a Comment