[–] skiffy [S] 0 points 1 point 1 point (+1|-0) ago
I thought a recession was technically 2 quarters of contracting GDP? So far i believe that we have only 4 months of data showing shrinking.
That data goes till April or May? However most likely rhose months will show that the economy shrank as well, and we will see we are in recession.
[–] coconuts 0 points 2 points 2 points (+2|-0) ago
I wonder if they'll hit .25% again soon.
[–] munk_e_man ago
At the rate Canada's going they might need to have an interest rate in the negatives soon...