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5 Things to Know Today: Canada Enters Recession, Oil Slips on Iran Ceasefire Talk

Saturday, May 30, 2026 — Your quick-hit Canadian financial briefing for the day. 1.Canada Officially Meets the Definition of a Technical Recession Statistics Canada confirmed Friday that real GDP contracted 0.1% on an annualized basis in Q1 2026 — following a revised 1.0% drop in Q4 2025 . That's two straight quarters of negative growth, which meets the technical definition of a recession. The miss was a big one: economists had forecast growth of 1.5% . The main culprits were a surge in imports (up 2.9%, largely gold), declining business capital investment (down 0.7% — its fifth consecutive quarterly drop ), and weakness in resource extraction and construction. On a per-capita basis, GDP actually edged up 0.2% as Canada's population shrank for the second quarter in a row. Not everyone is ready to call it a full recession: some economists note that three of the four weak months were isolated, and early April data points to a sharp 0.4% rebound . Still, the numbers ...
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Measles Prevention: A Vital Shield for You and Your Loved Ones

                                  Measles

Measles, a highly contagious infectious disease caused by the measles virus, poses a significant threat to public health. As cases surge globally, including in countries with ready access to vaccines, understanding how to protect yourself and your family is crucial. Let’s delve into the essentials:

  1. Vaccination: The measles, mumps, and rubella (MMR) vaccine is your strongest defense. Here’s what you need to know:

    • First Dose: One MMR vaccine provides approximately 93% protection against measles.
    • Booster Dose: A second booster dose, recommended since 1990, enhances the vaccine’s effectiveness to over 97%.

  2. Immediate Action:

    • Travelers: If you’re planning international travel, ensure you and your family are vaccinated with the MMR vaccine. Prevention begins before departure.
    • Exposure Alert: If you suspect exposure to measles, act promptly. Call your doctor immediately if you or your child have been in contact with an infected person.

  3. Understanding Measles:

    • Transmission: Measles spreads through direct contact with infectious droplets or airborne particles from an infected person.
    • Symptoms: Look out for fever, cough, runny nose, and a characteristic red rash that starts on the face and spreads.
    • Complications: Measles can lead to severe complications, including pneumonia and encephalitis.

Remember, measles is preventable. By getting vaccinated and staying informed, we contribute to a healthier community. Let’s shield ourselves against this preventable disease.

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