What's The Worst Case Scenario For Real Estate In 2023
The Canadian Real Estate Investor
00:00
Canada's Economic Outlook
GDP last quarter was zero percent growth at the end of 2022, which means that real GDP was negative after you adjust for inflation. The downturn is expected to be like the average recession since 1970 in terms of depth and duration. Canada has more fiscal room than its G7 peers but high household debt remains key downside risk.
Transcript
Play full episode
