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. The pandemic may be in the rear view mirror, but the fight over a recession isn’t over.
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  • Line chart showing how unemployment and inflation have varied, from 1970 to today, plus a projection into the future showing what an economic soft landing would look like.
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    Jul 7, 2022 · Economists with the Royal Bank of Canada are predicting the country will head into a moderate and short-lived recession in 2023 as inflation, historic labour shortages and rising interest rates drag on the economy.

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  • Royal Bank of Canada economists are expecting a recession in the Canadian economy during the second and.
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