Canada is still at risk of entering a recession within the next six months, according to sentiments in a survey by the Bank of Canada of business and financial leaders across the country.

The Bank of Canada released its third-quarter Market Participants Survey Monday, which gauges the economic outlook from respondents every three months.

Three out of four respondents said there’s a 43 per cent chance that Canada would enter a recession within the next six months, while the bottom quarter of respondents said there was a 30 per cent risk.

Participants of the survey included representatives from banks, dealers, pension funds, insurers and asset-management and research firms.

The survey comes shortly after the central bank cut interest rates in late October , but was conducted near

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