Is a recession coming, and how bad will it get?

There’s still some debate over a possible recession in Canada, but less and less of it every day. If Canada’s economy does slide, however, what will be the root causes? What are policymakers doing — and not doing — to prevent it? Where will Canadians feel it worst, and what can we look at right now to judge where we’ll be in six months?

OH, and how does the whole “recession” thing work, anyways?

Jim Stanford, economist and director of the Centre for Future Work, joins us again on The Big Story to discuss what to expect of Canada’s economy in 2023.

“The inflation we’re experiencing is still a hangover from the Pandemic and the supply chain disruptions and the energy price shock and droughts and floods and agricultural areas. That’s why the price of lettuce is shooting up,” he said.

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