Recession In Canada 2024 Forecast. Although the economy has managed to avoid a recession, it's seeing only very modest growth, which we believe will likely continue before we.  — as a result, canadians’ fears about a possible recession in 2024 have dropped since a year ago, though most canadians remain worried about the possibility, according to a.

 — in the face of higher interest rates, canada has avoided the recession that some had predicted. But unemployment is rising, consumer spending is expected to slow further and the bank of canada has a laundry list of things it’s.