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The Current State of Canada's Economy: Already in Recession

If you listen to your average Canadian politician, you’re probably going to be hearing a lot about how Canada is on track for an economic “soft landing” and that we’re going to avoid the bank failures and other financial calamities currently striking the United States. But Canada is definitely heading into a recession. In fact, we’re already there. Subscribe ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Why Canada is Already in Recession As the global economy faces uncertain times due to the ongoing COVID-19 pandemic, several countries have experienced a substantial decline in economic growth. Canada, known for its robust economy, is not immune to this downturn. In fact, many economists argue that Canada is already in a recession, and here's why. Firstly, the collapse of oil prices has severely impacted Canada's economy, particula...