The Global Recession
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Your postal code permits Unpublished to identify which geographic regions are most passionate about certain topics and if there is a prevailing opinion in a given area. We also use your postal code to find out which district you belong to (using https://represent.opennorth.ca), so we can group votes by district, and plot results on a map for every issue.
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Is the Canadian economy heading for a recession?
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CDNPOLI
Will there be a global recession?
Posted on June 20, 2022
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. What the future holds, we will soon find out.
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