RSS SubscribeCanada’s “worst decline in 40 years”
By Peter St. Onge – Mises Institute
Canada’s standard of living is on track for its worst decline in 40 years, according to a new study by Canada’s Fraser Institute.
The study compared the three worst periods of decline in Canada in the last 40 years — the 1989 recession, the 2008 global financial crisis, and this post-pandemic era.
They found that unlike the previous recessions, Canada is not recovering this time. Something broke.
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#StandardofLiving #Recessions #FinancialCrisis #Pandemic