“This isn’t necessarily a sign we’re heading straight into a recession, but the risks are growing and cannot be ignored,” says chief economist David-Alexandre Brassard at CPA Canada.
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Canada’s economy shrank in April. Recession risks ‘cannot be ignored’ - National | Globalnews.ca
The latest gross domestic product report from Statistics Canada shows the economy shrank by 0.1 per cent overall, while many economists were expecting a slight increase.