A recession is coming and Ontario could be one of the hardest hit provinces Ontario Recession
Most Canadian provinces will enter a recession in 2023 but Ontario is set to be among the hardest hit.
Also, because the labour market is still so tight, this recession isn’t expected to be accompanied by an overall employment decline. Looking to the future, it’s expected to be -1.3 per cent in 2023. The same is forecasted for both British Columbia and Quebec.Source: Deloitte
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