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Canada has entered a 'technical recession' after two consecutive quarters of economic contraction, with GDP falling by 1% in late 2025 and 0.1% in early 2026. However, the Bank of Canada has warned against concluding the economy is in a severe slump based solely on GDP data. Early indicators for April 2026 suggest a possible rebound with 0.4% growth expected, driven by the mining and oil sectors. Experts attribute the slowdown to US tariffs, business uncertainty, and declining investment, while political parties debate the government's fiscal policies. The Bank of Canada emphasizes looking at employment and consumer spending for a complete picture. https://www.punjabitribuneonline.com/news/punjab/canada-news-has-canada-entered-a-recession/ #Creator program
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