Canada is in 'final act of the COVID recession': Freeland

Canadian Deputy Prime Minister Chrystia Freeland said Monday that while the country faces some “difficult months ahead” as economists have forecast the country is headed toward a recession in the early part of 2023, she is confident that the government will be able to lessen the blow for many Canadians.

Freeland added that Canada is in “the final act of the COVID recession” as Canadians face rising inflation and higher interest rates.

“I am really confident in the resources the government is going to be able to bring to bear to support Canadians getting through it,” she said.

The International Monetary Fund (IMF) said in a report released last week warned of substantial cooling and a possible recession in Canada, while RBC has said Canada is headed for a mild recession in early 2023.

#GlobalNews #economy #recession

[chriscoyle]

Corrupt dishonest people & media. Not much more to say.

[Themiddleman]

She refuses to admit anything. Even the obvious.

[dalebruce]

No mention of the carbon tax that’s about to hit

[ryanh-ci]

I love how she talks to everyone like we’re 3 and also like we actually believe anything the Liberals say at this point.

[supergeodotca]

A former journalist schooling us on economics.

[kenparsons]

It will be nice to never hear her speak again

[MikeTrainormusic]

“If you have to be persuaded, reminded pressured, lied to, incentivized, coerced, bullied, socially shamed, guilt-tripped, threatened, punished and criminalized ... If all of this is considered necessary to gain your compliance -- you can be absolutely certain that what is being promoted is not in your best interest.” - Ian Watson

[David-hcqz]

OMG, Freeland is so hard to listen to! She does not inspire confidence.

[primmakinsofis]

I'd rather see the country in the final act of the Liberal-NDP federal government.

The Conservatives are going to have one hell of national financial mess to clean up.

[PS-zuww]

Has she bought groceries or fuel recently? Oh..right she has people for those menial chores. Definition of out of touch.

[solitarybell]

Freeland you make me sick along with millions of other Hard working Canadians!!

[adamo]

Another 9 billion to Ukraine will solve all our problems. And then maybe another 9 billion

[justworkingfortheweekend]

No it's give Ukraine billions liar

[arkcon]

Incredible how anyone can still trust this government after the damage it has caused

[ItIsGonnaGetWayWorse]

In other news, boston university has made a strain with a higher infection and ending rate

Suppossedly 80%

[YukiPyro]

The Recession we all due to the Liberals and NDP who are serving the very wealthy in Canada.

[dogoftheg]

Translation at the end: “tremendous opportunity for green energy later. Ignore the fact that we missed the liquid natural gas opportunity of a lifetime as half of Europe freezes to death this winter.” -CF

[BarbaraBarryFineArt]

“Let’s see this opportunity clearly” “get our act together”??? We aren’t the ones who need to get our act together..

[noelgeollegue]

Only hard working people in Canada is feeling the effect of inflation not the politicians. Enough of the talking start helping ordinary Canadians someday they will take away the power from you.

[georgesimon]

"recession"? This from someone that could not even buy a house without mommy and daddy signing.