The slowdown in Canada’s economy hasn’t yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.
The slowdown in Canada’s economy hasn’t yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.
No surprise here. Frankly getting sick of decades of media conflating GDP with the wellbeing of citizens as opposed to the largest, most powerful financial interests. Yes there’s a correlation there, but we would be using far more accurate and direct metrics if the status of citizens was the actual goal.