Interesting to know about this. Maybe I’ll start another thread on this topic. Actually, it’s kind of in other threads right now.
- History shows that Canada has been in many recessions in the past
- Research has proven that Canada has the potential to go into a recession in the future
The severity of the recession is now the only thing to question. Financial Planners and advisors alike are flipping out at the fall in the dollar and an impending severe recession. Then again, it could be the Media influencing them to get a better reaction from their spectators. After reading what others have said (especially Cal-Soy… thanks
) I have reason to believe that we shouldn’t be as concerned as the Media makes it.
I really don’t want to turn this into a political and tax discussion, even though they are somewhat connected.