RECESSION OR NOT?

 IS CANADA IN RECESSION? Let us ask AI Overview (this is what AI benefit its readers):

 

AI Overview

Yes, Canada has technically entered a recession, as the country's real Gross Domestic Product (GDP) shrank for two consecutive quarters. However, because the economic slowdown has been mild, many economists hesitate to label it a full-blown recession.

 

Would you believe? People will keep on buying for their daily needs because the population is in 40 MILLIONS OF PEOPLE and only few people are recipients of the Food Banks. People needs clothing and accessories. People will have to buy and pay their mortgages, rents, and all the basic needs in order for them to live. People will have to buy because for whatever reason they have to because there is no option.  You don't live to receive as in 100% no one is a parasite in Canada. You don't live by begging nor you don't live being always at the mercy of other people. Just that Canada has a government that pays benefits and with all the accumulated GST & PST by the billions of dollars per yer they have to give back. 

In a country where there is no taxes for commodities and to think that they have free health care for their low income people and free education from elementary, high school to college and wonder why it's free? That's mind-boggling, right? And take this, "free lot for housing" to those who were victims of disaster such as floods and typhoons. Only in Philippines. 

Is there free lot for those victims of floods and wildfires in Canada? NO. No free land in Canada!

RECESSION IN CANADA? Usually recession happened most of the time during after December. Too much expenditures during the Holidays. That January to May becomes recession period of time and nobody wants to buy. Then spending again at summer time. It s up to people with money actually. 

Sometimes recession happened when people have to pay their credits and loans first. Nothing to get worried about because recession happened every time. By the way Canada had purchased Sweden's Saab plane and South Korean submarine. Just months ago when Canada paid into NATO'S  in billions of dollars. Everything is in billions of dollars. Too much expenditures actually. Too many investments. Too much output and where are the inputs? Would that soccer game brings in profit or break even point only?