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Reading: CFIB Foresees Recession in Canada, With Economic Contractions in Q2 and Q3
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CanadaWorld News

CFIB Foresees Recession in Canada, With Economic Contractions in Q2 and Q3

The Canadian Press
Last updated: July 25, 2025 1:44 am
The Canadian Press
2 months ago
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CFIB Foresees Recession in Canada, With Economic Contractions in Q2 and Q3
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CFIB Foresees Recession in Canada, With Economic Contractions in Q2 and Q3

A worker welds steel in Burnaby, B.C., on March 29, 2018. The Canadian Press/Darryl Dyck

The Canadian Federation of Independent Business is forecasting a recession in Canada this year.

A new report from CFIB shows it’s forecasting that growth declined 0.8 percent in the second quarter and will contract by a further 0.8 percent in the third quarter.

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