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Canadian government to release fiscal update as recession fears loom

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The federal government is about to deliver its fall fiscal update, as high inflation and interest rates linger in the minds of Canadians.

A dairy price hike approved for February is the latest price increase in what has become an expensive year for the average citizen.

The fiscal update won’t present a budget, but it will set the stage for what to expect during the spring. While economists are predicting a recession, Abigail Bimman explains why they don't expect the feds to talk about it.

For more info, please go to https://globalnews.ca/news/9244708/canada-fall-economic-statement-2022-recession-chrystia-freeland/

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Category
U.S. & Canada
Tags
global news, recession, Canada recession
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