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While U.S. President Donald Trump’s trade war continues to hit the Canadian economy, economists say Canada might just narrowly avoid a recession. Economists define a recession as two consecutive quarters of an economy contracting. In the second quarter of 2025, Canada’s tariff-hit economy shrank by 1.6 per cent.In the third quarter, which ends in September, economists are expecting a bit of a bounceback.The Canadian Chamber of Commerce’s Business Development Lab is projecting that Canada’s economy will grow by 1.7 per cent in the third quarter. While that is soft growth, it would mean that Canada technically avoids a recession.After five…

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