Canada Recession Has Already Begun as Trade War Rages on, Economists Say

Recession has already begun in Canada as trade war rages on, economists say

The trade dispute with Canada’s closest trading partner is hitting the labour market and household consumption.

Canada recession has already begun as trade war rages on, economists say

The trade dispute with Canada’s closest trading partner is hitting the labour market and household consumption.

When Policymakers Ignore Economists' Warnings

History regularly shows that basing economic policy upon ideology, hunches, and gut instinct, rather than on sound economic analysis, is a recipe for disaster. When policymakers have ignored well-established economic principles and instead tried to upend the status quo without good reason, the results have been catastrophic.  That bodes poorly for President Donald Trump’s tariff policy, which experts warn will both raise prices and lead to an ec…

Economists say Canadian recession has already begun

Canada’s economy is in the early stages of a recession, according to forecasters, as unemployment rises and exports fall. Find out more here

Economists Say Canada Recession Has Already Begun as Trade War Rages On

Canada’s economy is likely in the early stages of a recession, according to forecasters, as unemployment rises and exports fall because of a trade war with the US.

Projection is 1% of GDP in the second quarter and 0.1% in the third quarter