Canada posts weak economic start under Carney

BREAKING: Canada’s economy reportedly shrank during Mark Carney’s first year as prime minister.
That would mark the weakest economic start for any Canadian prime minister in more than 60 years.
The headline adds pressure to Canada’s growth outlook.
For $CAD and Canada exposure, the market will be watching whether weak activity pushes policy toward more support.
The bigger issue is whether Canada can restart growth without adding more stress to inflation, housing, and household debt.

Canada posts weak economic start under Carney