Canada — Statistics Canada & Royal Bank of Canada

Canada — Statistics Canada: Canada — Statistics Canada is facing a 'data quality crisis' due to increased volatility in economic data, challenges in survey responses, and reliance on international data, which could lead to poor policy decisions. The agency is also under pressure from the Canadian federal government to reduce costs and increase efficiency.

Royal Bank of Canada: The Royal Bank of Canada, like most economists, was surprised by the reported economic contraction and has dismissed the recession label as premature, but relies on the data from Canada — Statistics Canada for monetary policy decisions.

Canada — Statistics Canada: Canada — Statistics Canada reported on Canada's economic growth stalling in the first quarter and the annual inflation rate, providing data points that inform Deloitte's economic analysis.

Royal Bank of Canada: The Royal Bank of Canada, through its governor Tiff Macklem, has downplayed the notion of a recession and noted a lack of generalized inflation, offering a perspective on the economic situation.