Chance Of Recession In 2025 Canada. The probability of a recession happening by the end of 2025 remains unchanged at 45%. The weak labor market (6.8% unemployment rate), low growth, and weak consumer confidence are expected to continue as underlying factors in 2025.
We expect gdp to remain below trend in part due to canada’s stalled population growth following the recent reduction of immigration targets, although a boost from household. What we find is that although perceptions of.