Canada 2024 Economic Outlook Usa. Economic growth in canada is forecast to pick up gradually and average 2¼% over the projection. And global economies have beaten expectations, canada’s economy has struggled to grow, and it appears that it will continue to do so through much of 2024.
Global growth is projected to remain unchanged in 2024 and strengthen modestly in 2025, with inflation returning to target in most countries by the end of 2025. Canada’s economy is performing slightly better than we forecast a quarter ago but remains subdued.
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