Inflation has slowed, Canada has narrowly avoided a recession, and interest rates are finally easing. So why does the economy still seem so bleak …
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While a recession hasn’t officially been declared, Canadians’ spidey senses are tingling. Whether it’s soaring inflation, rising interest rates …
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This post was first published on November 14, 2022, and was updated on April 3, 2023. As alarm bells continue to ring of an upcoming recession, …
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For Canadians who are worried about the effects of the COVID-19 response, these programs welcome relief in the short-term. But a recession appears inevitable, and may already be underway. For the long-term, that means potential implications for your retirement savings and overall wealth. But the implications aren’t necessarily negative.
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It’s often said that when the United States sneezes, the world catches a cold. That expression can apply to the economy because there are signs that a recession—which is a normal part of the business cycle—is going to hit the U.S. Whether you like it or not, a recession is inevitable. It may be in a few months or a few years from now, but it’s inevitable.
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