rennie landscape - victoria spring 2024

economy

Canada narrowly avoided a recession last year, but that doesn’t mean the economy performed well—particularly when viewed against the

backdrop of record population growth.

A PER-CAPITA RECESSION

1.02

1.01%

1.01

1.00

0.99

0.98

0.97

0.97%

0.96

0.95

Q3

Q4

Q1

Q2

Q3

Q4





GDP

GDP PERCAPITA

DATA: INDEX OF TOTAL AND PER-CAPITA REAL GDP CHANGE, QUARTERLY, CANADA

SOURCE: STATISTICS CANADA. TABLE 36-10-0104-01

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