Canada's Economy is in Serious Trouble

Canada's Economy is in Serious Trouble

In the first quarter of 2023, Canada’s economy faced an unexpected downturn, with GDP growth slowing down significantly compared to previous years. A once-thriving economy now grapples with challenges that have left many Canadians concerned about their future. Known for its robust economic framework and high standard of living, Canada is currently navigating through turbulent financial waters. The impact is widespread – from soaring inflation rates to shaky employment markets, and from struggling local businesses to the stressed real estate sector.