The Global Recession

The price of everything is at a 30 year high in Canada. Record setting prices at the pump and on grocery store shelves have us clinging to our cash and eliminating all but the necessities. The Bank of Canada has moved with interest rate hikes to cool down the economy.

But this is far from a “Just in Canada” type of thing. So many other dominoes had to fall into place to get us here. Recently, a survey of economists found that half felt Canada was heading for a recession while the other half did not.

Our Unpublished Vote question this week asks:

Is the Canadian economy heading for a recession?

• Yes
• No
• Unsure

You can vote in this week's poll when the link appears below...