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OECD predicts Canadian economy will avoid recession, but will see flat growth in 2025

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Summary
Nutrition label

65% Informative

Organisation for Economic Co-operation and Development predicts Canada will avoid recession in 2025 .

OECD chief economist Álvaro Pereira says Canada 's labour market will deteriorate substantially over the next two years .

Canada ’s unemployment rate is expected to hit 7.1 per cent this year and 7.3 per cent in 2026 .

VR Score

80

Informative language

86

Neutral language

64

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources