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EDITORIAL: Freeland’s ‘vibecession’ looks like a recession

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Summary
Nutrition label

72% Informative

Stephen Poloz , Bank of Canada governor from 2013 to 2020 , says we're in a real economic downturn.

Statistics Canada reported last week that our economy grew at an annualized rate of 1% in the third quarter of 2024 .

Poloz said this was largely due to the high immigration policies of the Trudeau government.

On a per-capita basis, our economy has contracted for six consecutive quarters .

VR Score

72

Informative language

70

Neutral language

15

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

8

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