this post was submitted on 29 Feb 2024
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The slowdown in Canada's economy hasn't yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.

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[–] [email protected] 4 points 9 months ago* (last edited 9 months ago)

No surprise here. Frankly getting sick of decades of media conflating GDP with the wellbeing of citizens as opposed to the largest, most powerful financial interests. Yes there's a correlation there, but we would be using far more accurate and direct metrics if the status of citizens was the actual goal.