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So ... what happened to that recession?
Episode 894

So ... what happened to that recession?

For a year now, various economic predictions have marked Canada down for a looming recession. With more economic data due on Friday, that's expected to show some positive signs, it doesn't look like we're getting what we were promised. And that's a good thing, right? Why have some experts said that Canada needs a recession? How have we managed to avoid this one, at least so far? If inflation keeps falling, will the Bank of Canada stop raising interest rates? What can you expect from Canada's rollercoaster of an economy this fall and beyond? GUEST: David Macdonald, senior economist for the Canadian Centre for Policy Alternatives’ National Office

The Big Story

August 30, 202319m 45s

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Show Notes

For a year now, various economic predictions have marked Canada down for a looming recession. With more economic data due on Friday, that's expected to show some positive signs, it doesn't look like we're getting what we were promised. And that's a good thing, right?

Why have some experts said that Canada needs a recession? How have we managed to avoid this one, at least so far? If inflation keeps falling, will the Bank of Canada stop raising interest rates? What can you expect from Canada's rollercoaster of an economy this fall and beyond?

GUEST: David Macdonald, senior economist for the Canadian Centre for Policy Alternatives’ National Office

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