👉Deloitte Canada predicts Canada will likely sidestep a recession despite ongoing economic challenges such as inflation and rising mortgage delinquencies. The economy is expected to remain stagnant in the first half of 2024 but recover in the latter half. Bank of Canada's interest rate cuts are anticipated to combat inflation. GDP growth is projected at one percent in 2024, rising to 2.9 percent in 2025. However, business investment faces a decline due to high interest rates eroding confidence. While the U.S. economy is stronger, it's also set for rate cuts later in the year.✅ . . 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐋𝐚𝐰 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐋𝐚𝐰 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐋𝐚𝐰 𝐒𝐢𝐦𝐦𝐢 𝐂𝐡𝐚𝐜𝐤𝐨 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐋𝐚𝐰𝐲𝐞𝐫, 𝐂𝐡𝐚𝐜𝐤𝐨 𝐋𝐚𝐰 📲+𝟏 𝟒𝟏𝟔-𝟓𝟎𝟗-𝟗𝟓𝟎𝟖 📧𝐬𝐢𝐦𝐦𝐢@𝐜𝐡𝐚𝐜𝐤𝐨𝐥𝐚𝐰.𝐜𝐚 @chackolaw.ca . . #CanadaEconomy #EconomicOutlook #RecessionAvoidance #GDPGrowth #InterestRates #Inflation #BankOfCanada #DeloitteCanada #mnm #malayalisnearmeapp #canadaupdate #canadanews