Nearly six in 10 (58%) of Canadian CEOs believe that Canada is either already in a recession or will be in one soon this year, according to a recent report.
This belief is highest among business leaders in British Columbia (63%) compared with those in Quebec (60%), Ontario (59%) and Alberta (54%), reports TEC (The Executive Committee).
The median one-year inflation expectation lies at 3%, down from 4% in Q4 2023, according to TEC’s CEO Confidence Index for Q1 2024.
