Recession Hits Canada! | IceCap Canadian Market Wrap Episode 05

Описание: Canada is about to enter a recession if it's not in one already. Canadian banks are not ready, and neither is the government. In this week's video, we explore some of the indicators pointing us to a hard landing and Canada's first homegrown recession in generations.

Timestamps:
0:00 Introduction
0:50 Recession In Canada
1:25 What Is A Recession And How Is It Defined
1:44 An Arbitrary Definition
2:09 History of Canadian Recessions
2:44 GDP Growth & Past Recessions
3:10 A Recession By Any Other Name
3:44 Technically, Not There Yet
4:38 Government Forecasts Are Too Rosy
5:25 But Consumption is Weak
6:20 The Labor Market is Cracking
7:17 Production is Slowing & Businesses Are Not Investing
7:56 Banks Haven't Fully Grasped The Situation
9:45 It's Academic - Per Capita GDP Has Been On The Decline
10:27 Expect A Volatile Loonie

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About IceCap Canadian Market Wrap
The IceCap Canadian Market Wrap is a weekly podcast where we share our insight into the macro and market themes and, how they shape our investment strategies and how they impact Canadians.

About IceCap Asset Management
IceCap Asset Management is a Canada-based portfolio management company. Our ongoing focus emphasizes understanding factors that accelerate global risk and return opportunities while creating long-lasting relationships and continuous personalized discussions among clients, consultants, and tax advisors. This channel is a repository for our views and the discussions that shape our investment strategies. It is not to be misconstrued as investment advice. Please seek professional advice before making any investment decisions. The opinions, information, estimates, projections, and any other material presented in this report are provided as of this date and are subject to change without notice. Material presented in these videos has been obtained from numerous sources. While reasonable efforts to ensure the content is reliable, accurate, and complete, we have not independently verified the content, nor do we make any representation or warranty, express or implied, in respect thereof.

#canada #macroeconomics #finance