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Canada Is In a Recession — What It Means for Your Money

It's official. Canada has entered a technical recession for the first time since 2020 — and it happened faster than almost any economist predicted. Statistics Canada confirmed Friday that the economy shrank for a second consecutive quarter, with Q1 2026 posting a 0.1% annualized contraction, following a 1.0% drop in Q4 2025. Forecasters had been expecting 1.5% growth . The surprise is significant. So what does this actually mean for everyday Canadians? Your job, your mortgage, your savings, your debt — we break it all down. −0.1% Q1 2026 GDP (annualized) −1.0% Q4 2025 GDP (revised down) 2.25% Bank of Canada overnight rate 2.8% Canada inflation rate (April) "Most businesses are basically in a holding pattern, treading water, hoping for brighter days." — Dan Kelly, President, Canadian Federation of Independent Business 📉 Wait — Is This Really a Recession? The term "technical recession" means two consecutive quarters of negative GDP growth on an annualized basi...
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Health and Fitness: How to Stay Fit and Healthy During the Holidays


The holidays are a time of joy, celebration, and indulgence. But they can also be a challenge for your fitness and health goals. How can you enjoy the festive season without compromising your well-being? Here are some tips to help you stay fit and healthy during the holidays.

1. Plan ahead. If you know you have a party or a family gathering coming up, plan your meals and workouts accordingly. You can eat lighter and healthier on the days before and after the event, and schedule some extra exercise to burn off the calories.

2. Be mindful. When you're at a party or a buffet, don't just mindlessly fill your plate with everything you see. Choose the foods that you really want to eat, and savor them slowly. You'll feel more satisfied and less likely to overeat.

3. Drink water. Water is essential for your health, and it can also help you control your appetite. Drink a glass of water before each meal, and sip water throughout the day. This will keep you hydrated and prevent you from confusing thirst with hunger.

4. Stay active. Don't let the cold weather or the busy schedule stop you from exercising. Find ways to incorporate physical activity into your daily routine, such as taking the stairs, walking the dog, or playing with your kids. You can also try some indoor workouts, such as yoga, dancing, or skipping rope.

5. Have fun. The holidays are not only about food and drinks, but also about spending quality time with your loved ones. Focus on the positive aspects of the season, such as the joy, gratitude, and generosity. Don't stress too much about your diet or your weight, but enjoy yourself and have fun.

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