Recession 2024 In Canada. Hive digital technologies (tsxv:hive) stock has dipped 26% in the last two weeks to below $4 over fears of a recession. Although the economy has managed to avoid a recession, it's seeing only very modest growth, which we believe will likely continue.
The official definition of a recession is two straight quarters of a shrinking economy — or in economics jargon, “negative growth.” in the third quarter, canada’s. Inflation has fallen from its june 2022 peak of 8.1 per cent to 2.9 per cent in january and to 2.8 per cent in february 2024.