11.20.23
Downturn in Canada's economy seen deepening if US growth fades
“According to established economic wisdom, when the U.S. sniffles, Canada tends to catch a cold… But with the world so reliant on American consumer demand, and the Canadian private sector carrying exorbitantly high debt levels, if the U.S. sniffles, Canada is going to get pneumonia." Corpay’s Karl Schamotta