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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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Shrimp Orzo with Feta


  • Ingredients:

    • Orzo pasta
    • Olive oil
    • Garlic
    • Tomatoes
    • Lemon juice
    • Shrimp
    • Cilantro
    • Pepper
    • Feta cheese
  • Instructions:

    1. Cook orzo as per package directions.
    2. In a skillet, heat oil and cook garlic for 1 minute.
    3. Add tomatoes and lemon juice, bring to a boil.
    4. Add shrimp and simmer until pink (4-5 minutes).
    5. Drain orzo and mix with shrimp, cilantro, and pepper.
    6. Heat through and sprinkle with feta cheese.

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