Is Canada Going Into A Recession 2025. While the economy should benefit from a more predictable environment, high interest rates will continue to weigh against more vigorous economic activity. Dawn desjardins, chief economist at deloitte canada, talks to the financial post’s larysa harapyn about the outlook for the canadian economy in 2025, how many interest rate cuts to expect from the bank of canada, along with what’s next for the labour market, economic growth and more.

But a handful of economic indicators give us some hope for 2025. For canada, however, it’s been a tougher go.