Economy skirted technical recession in 2023, according to StatCan data
The slowdown in Canada's economy hasn't yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.
![Economy skirted technical recession in 2023, according to StatCan data](https://globalnews.ca/wp-content/uploads/2024/02/canada-gdp-Q4-2023.jpg?quality=85&strip=all#)
The slowdown in Canada's economy hasn't yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.