New Tory finance critic maintains Canada in recession after front bench shakeup

The Canadian Press: Statistics Canada said Tuesday real GDP rose 0.5 per cent in April, following a pair of quarterly contractions.

“A recession has been often defined as two consecutive quarters of negative growth, and so on that definition, Canada is in a recession,” Chong said.

He added that “one month of anemic growth, of half a per cent, does not change the overall picture.”…

Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
×