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Expert: Canada's Economy Likely Approaching or Already in Recession

Canada's annual inflation rate rose to 3.3 per cent in July, but one economics professor says last month's lower inflation number was likely an "illusion," and warns that the country may be about to enter a recession. Subscribe to CTV News to watch more videos: Connect with CTV News: For the latest news visit: For a full video offering visit the CTV News Network: CTV News on Facebook: CTV News on TikTok: CTV News on Twitter: CTV News on Instagram: CTV News on Reddit: --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Expert: Canada likely entering a recession, or already in one The COVID-19 pandemic has caused havoc on economies around the wo...