Katrina Miller

Flush with rapid wage increases & aided by falling interest rates, Canadian consumers are spending big: by far the leading source of growth in 3Q24. Moreover, the headline GDP number would have been 2x larger but for a big inventory slowdown (another sign of strong demand). /2 #cdnecon

It’s not a “vibecession” — Canadians face real hardship This week, Finance Minister Chrystia Freeland referred to Canada experiencing a “vibecession”, a term coined in the U.S.

'Vibecession' claims speak of a larger discounting of the economic reality people face every day, writes Muneeb Javaid for @c4tf.bsky.social. www.taxfairness.ca/en/resources...