A. Hyperinflation
B. Banking Crisis
C. GDP Weakness and Economic Slowdown
D. Currency Collapse
• Canada’s economy recorded a second consecutive quarterly contraction.
• The government linked part of the slowdown to policy changes involving immigration and spending.
• Economists are debating whether Canada has entered a technical recession.
Human Perspective
Many Canadian families are closely watching economic conditions because they affect jobs, housing, and living costs.