Carney expects uneven data during technical recession
Prime Minister Mark Carney says economic data will be uneven as the government cuts spending and immigration. He notes the country is in a technical recession.
Canada Prime Minister Mark Carney told reporters on Tuesday afternoon that national economic data will remain uneven as the government implements structural reforms. The comments follow recent statistics indicating the country has entered a technical recession. The policy shift signals a prioritization of long-term fiscal stability over immediate growth metrics as the administration recalibrates its spending and immigration targets.
