Canada’s Services Sector Declines Again Amid Global Uncertainty and Rising Costs

Canada’s Services Sector Declines Again Amid Global Uncertainty and Rising Costs

Canada’s services sector experienced another downturn in March, marking the fifth consecutive month of contraction. According to data from S&P Global, the decline is largely driven by global uncertainty, particularly linked to tensions in the Middle East, which have delayed client decision-making and reduced new business activity. The Business Activity Index rose slightly to 47.2 … Read more