It’s time to ring the economic alarms, Canada (The Hub)

The Canadian economy is weakening. The sluggishness—characterized by slow GDP growth and unemployment edging beyond 7 percent overall, with rapidly increasing joblessness, particularly among those between 15 and 19, at around 11 percent—is becoming harder and harder to wave away. The consensus now is that in 2025, growth measured by change in GDP will range from 1 percent to 1.8 percent.

Yet even those alarming data don’t tell the full story. Tracking total GDP change as a leading indicator of how our economy performs risks understating the depth of the challenge we face ...

CLICK HERE for the full story