What’s the deal with the ‘vibecession’?

Prime Minister Justin Trudeau looks on as Deputy Prime Minister and Finance Minister Chrystia Freeland speaks in Ottawa. THE CANADIAN PRESS/Adrian Wyld

By The Big Story

Posted December 2, 2024 2:33 pm.

Last Updated December 2, 2024 2:34 pm.

Is our economy fluctuating because of “vibes”?

After some consumer optimism earlier this fall, new research now shows positive views on the economy are on the decline after the U.S. election.

Finance Minister Chrystia Freeland is describing it as a “vibecession”.

Host Mike Eppel is speaking with Nik Nanos, the chief data scientist at Nanos Research.

Keep it Factual

Add CityNews Toronto as a trusted source on Google to see more local stories from us.

Submit a Correction

Accessibility Feedback

Top Stories

Orange-level heat warning issued for parts of GTA; dangerous heat expected for Canada Day

It's going to be a hot one as Canada Day is celebrated mid-week and July rolls in with Environment and Climate Change Canada issuing an orange level heat warning on Monday for Toronto and parts of the...

updated

8m ago

Mayoral candidate Bradford says he'll rename and clean up 'dirty, unsafe' Sankofa Square

Toronto mayoral candidate Brad Bradford says he'll rename Sankofa Square "Toronto Square" -- and clean it up -- if he's elected in October. Calling Sankofa Square at Yonge and Dundas streets "dirty...

2h ago

2 boys aged 7 and 12 found dead in Ottawa murder-suicide investigation

EDITOR'S NOTE: An earlier press release by police incorrectly indicated one of the boys was 10. This article has been updated with the proper age. Two young boys and their father were found dead in...

updated

16m ago

Ministry of Labour investigating chemical spill at laundry service facility in Mississauga

The Ministry of Labour is investigating after a chemical spill at a linen and laundry service facility in Mississauga on Monday. Police and emergency services were called to 6580 Northwest Drive near...

2h ago