Canada Releases GDP Data: Are We Officially in a Recession?

Sign Up With The Investing Academy ➤

In this video, we check out the arise from the most current Stats Canada GDP numbers, clarifying the concerning economic scenario in Canada. As the nation teeters on the edge of a recession, we break down the essential factors, and asses the potential impact this info has on the Bank of Canada's next rate choice, and on the Canadian economy.

In this episode we also look at the latest Federal Reserve rate choice and the ISM Production PMI for October.

We'll look at incomes from Amgen, AMD, Stellantis, Pfizer, Caterpillar, CVS and Kraft Heinz, and inform you about the last-minute decision the government made to extend the filing deadline for the Underused Housing Tax. Lastly on today's program, we look at why shares of WeWork are down 50% today.

Join our Pulse Newsletter:
———–

Follow Me On My Socials:
Progress Social ➤ (See My Precise Portfolio & Trades) –
Instagram ➤
TikTok ➤
LinkedIn ➤
Website ➤

———–

Register Rewards:.
► Questrade Online Brokerage (Get $50 in commission-free trades) -.
► Wealthsimple Trade ($ 50 cash perk when you transfer $150 or more) -.
► Wealthsimple Invest Robo-Advisor (Get a $50 register bonus) -.
► NEO Financial (Cash Back Credit Card) -.

The above affiliate links are offered your benefit, and if you click on a link and wind up buying a services or product, this channel may get payment for the recommendation. We have personally vetted each of these business and services and, in our viewpoint, our company believe they supply value to our viewers, relying on your private situations.

Business Inquiries: darwin@theinvestingacademy.ca.

———–.

Disclaimer: The views and viewpoints shared on this channel are for informative and educational functions only. Although previously accredited, the factors are no longer market individuals and are not certified to provide financial suggestions. They make every effort to provide you with educational info in an entertaining manner. Constantly do your own research study and due diligence before investing. Generally speaking, you need to seek advice from a certified investment specialist before investing.

Canada Releases GDP Data: Are We Officially in a Recession?

Wealth Builders Club
Wealth Builders Club Secrets Revealed – Click Here to Discover the #1 Investment Resource!

You May Also Like

About the Author: Richard Money

21 Comments

  1. 📈📚 Join The Investing Academy ➤ https://bit.ly/theinvestingacademy

    In this video, we explore the results from the most recent Statistics Canada GDP numbers, shedding light on the concerning economic situation in Canada. As the nation teeters on the edge of a recession, we break down the key factors, and asses the potential impact this information has on the Bank of Canada’s next rate decision, and on the Canadian economy.

    In this episode we also look at the latest Federal Reserve rate decision and the ISM Manufacturing PMI for October.

    We’ll look at earnings from Amgen, AMD, Stellantis, Pfizer, Caterpillar, CVS and Kraft Heinz, and tell you about the last-minute decision the government made to extend the filing deadline for the Underused Housing Tax. Finally on today’s show, we look at why shares of WeWork are down 50% today.

    Join our Pulse Newsletter: https://www.theinvestingacademy/pulse

    1. Sir with due respect whatever you said since last three months happening opposite. Treasury ETF doing OK SPY QQQ massive squeeze.

  2. you ar looking pretty serious, again, for this one…maybe I should be putting my money in a sock under my mattress?

  3. I simply do not know how much we have to shake these moguls heads, we have been in a recession since October 2022. Whatever these people tell you: Do not believe them and listen to your gut. I know it sounds strong, but the current situation is already almost at the bottom of the curve in North America.

  4. Thanks for another great video.

    I feel like our definitions of terms like “recession” aren’t really in sync with economic realities anymore. It’s like how “core inflation” doesn’t actually measure inflation in things that people care about most – the economy might not be in an official recession, but for most sectors economic contraction has been a reality for some time now.

  5. Canadian economy on life support by the christmas shoppers. When January comes Canadian economy will be belly up.

  6. I heard the U.S. GDP growth was 4.9%…. Can’t remember who said it but it was some reputable YouTube channel… ours is pretty much flat. Quite the contrast. Seems worthy of a review on THIS channel?!?

  7. We are all in debt or bankrupt! Lol 😆 Mortgages will destroy or prolong misery. 😮 Of course we are already in a Recession.

  8. I remember when Marc started appearing on the channel, nervous and awkward. But now like a seasoned news presenter – very confident and comfortable. Love these segments 🇨🇦

  9. Even if it is confirmed that we have entered a technical Recession, I stil have doubts about whether they would be willing to call it.

Leave a Reply

Your email address will not be published. Required fields are marked *