economy
The possibility of Canada heading for a recession was oft-discussed in 2022; that conversation has been more muted of late, though some indicators suggest that an upcoming recession is now more likely.
RECESSION DISCUSSIONS EBBS AS RECESSION INDICATORS FLOW
1.00
0.80
0.60
0.40
0.20
0.16
0.00
-0.20
-0.40
-0.60
-0.80
-0.84
-1.00
2018
2019
2020
2021
2022
2023
FREQUENCY OF “RECESSION” GOOGLE SEARCH
YIELD CURVE
DATA: DIFFERENCE BETWEEN 10-YR AND 2-YR BOND YIELDS & FREQUENCY OF "RECESSION" GOOGLE SEARCHES, CANADA
SOURCE: STATISTICS CANADA. TABLE 10-10-0122-01 & GOOGLE
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