10 interest hikes and a 1,900% increase in the Bank of Canada rate, with mortgage prices swelling by a factor of four, the Canadian economy is flatlining. Like, not growing. In fact it might have slipped a tad in Q3, which means we might be – maybe, perhaps, but only gently – in a technical recession.
https://www.greaterfool.ca/2023/10/31/to-shock-or-not/
I am not a drinker but recognize the bottle as iconic. Love the new name for Dougie.
https://x.com/bcbluecon/status/1961166703280492674