Economic outlook: Canada’s overheated economy losing momentum (June 2023)
Published on:
Jun 30, 2023
![Economic outlook: Canada’s overheated economy losing momentum (June 2023) Image]()
After a year of volatility, the Canadian economy has proven surprisingly resilient as strong population growth, tight labour markets, high commodity prices, and the delayed impact of rising interest rates have all helped to sustain growth. While this has set the stage for a period of relative economic calm heading into the summer, signs of slowing growth are emerging on several fronts.
