The Canadian economy has seen some pivotal shifts in 2023. The year started off with inflation at multi-decade highs, widespread labour shortages, and exceptionally strong consumer spending. The economy was very obviously overheating, and “recession” was more of a buzzword than a reality. Fast-forward to December and the macro data is looking considerably softer, in-line with a mild recession. Join RBC Economists Claire Fan and Carrie Freestone in this final episode of the season where they provide a recap of key macro themes that played out this year and tell you what to look out for in the year ahead.