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If the Global Economy Weakens, How Will Canada Fair?

Source: Deena Zaidi, CTV News, June 23, 2022

In 2023, the global growth is estimated to decline further to 2.75 per cent.

The latest forecast for the global economy shows a grim outlook of the world torn by the COVID-19 pandemic and Russia’s war against Ukraine.

Almost all countries are expected to experience slower growth in 2022-23 due to the ongoing Russia-Ukraine war, according to a recent report by the Organization for Economic Cooperation and Development (OECD).

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