Canada's economy is ... somehow doing pretty well?
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Canada's economy is ... somehow doing pretty well?
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New tariffs have hit us. Our government will respond in kind next week. A trade war has begun in earnest. And there's no doubt Canadian businesses will suffer and jobs will be lost.
And yet. After more than a year and a half of economic turmoil, the numbers tell a story of resiliency. Of an economy that did not, in fact, enter a technical recession. An economy that, in the last quarter, actually posted a very impressive number.
Is this our economic diversification at work? Is it the calm before the storm? What do good numbers in the middle of uncertainty really mean for the months to come? And how will your wallet experience the new phase of the trade war?
Economist and director of the Centre for Future Work Jim Stanford joins Jordan to explain the recent economic reports, and look ahead to what happens now.
Feedback from listeners is so, so welcome. If you have something to say, email us: hello.cancon@gmail.com.