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Ottawa’s ‘economic optimism’ means it is less likely to face recession, new Chamber report suggests

Ottawa’s ‘economic optimism’ means it is less likely to face recession, new Chamber report suggests

The Canadian Chamber of Commerce's Economist Mahmoud Khairy joined the Ottawa Business Journal on May 30, 2023 to discuss the launch of the Business Data Lab’s newest tool, the Local Spending Tracker.

The Canadian Chamber of Commerce’s Economist Mahmoud Khairy joined the Ottawa Business Journal on May 30, 2023 to discuss the launch of the Business Data Lab’s newest tool, the Local Spending Tracker. This new data tracker was designed to empower Canadian businesses by providing timely and granular insights into consumer spending patterns across the country.

In this article, Mr. Khairy particularly highlights that while more than 60 percent of urban centers in Canada are facing the possibility of recession, Ottawa stands out as one of the few major municipalities defying this trend.

Read the full article here.

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