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As recession fears grow for 2023, Trudeau warns: ‘It’s going to be a tough year’

Australian PM concedes election defeat as conservatives ousted after 9-year rule

As indications grow that Canada could be headed for a recession, Prime Minister Justin Trudeau has a warning for Canadians: next year will be “tough.”

70c8fc80 As recession fears grow for 2023, Trudeau warns: ‘It’s going to be a tough year’

In an International Monetary Fund (IMF) assessment released earlier this month, the global financial agency warned Canada is at risk of tipping into a “mild recession,” despite outperforming its G7 counterparts.

The warning comes after years of global economic upheaval — the result of several colliding factors, including the…


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