A pumpjack draws out oil and gas from a well head near Calgary, Alta., Tuesday, May 6, 2025. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer. THE CANADIAN PRESS/Jeff McIntosh

Economists pour cold water on recession talk after Canada’s economy stalls in Q1

by The Canadian Press May 29, 2026

written by The Canadian Press May 29, 2026

By Craig Lord Canada's economy is still struggling to grow but some economists weighing in on the latest real gross domestic product results Friday argued that weakness may not qualify as a recession. StatCan reported Friday that the economy stalled in the first quarter of the year. While real ...

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Economists pour cold water on recession talk after Canada’s economy stalls in Q1

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