Interrogating the ‘Vibecession’

Created
Mon, 02/12/2024 - 16:21
Updated
Mon, 02/12/2024 - 16:21
There are encouraging signs that Canada’s economy and labour market are improving after a period of stagnation brought about by the Bank of Canada’s aggressive interest rate hikes in 2022 and 2023. Newly released data for the third quarter of 2024 (July-September) shows the economy has continued to grow, albeit slowly. Consumer spending was the brightest light in the third [...]