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Canada’s surprise recession was built almost entirely out of hesitation
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1 Articles
Canada’s surprise recession was built almost entirely out of hesitation
A recession usually announces itself. Factories go quiet, a famous company files for protection, a headline number falls off a cliff. Canada’s did none of that. The country slipped into its first downturn in years not with a crash but with a shrug, the economy simply declining to grow while almost nothing visibly broke. That is what makes it unsettling. You can plan around a shock. It is much harder to plan around a mood. The defining feature of…
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