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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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Your March Wellness Guide: From Daylight Saving to Spring Cleaning

 


Happy March 1st! As we step into this vibrant month, let’s embrace the changing season and prioritize our well-being. Here’s your comprehensive guide to a happier, healthier you:

1. Unplug and Reconnect

Today marks the Global Day of Unplugging. As the sun sets, consider stepping away from screens and tech devices. Take a leisurely walk, host a game night with friends, or simply people-watch at your favorite coffee shop. Disconnect to reconnect with the world around you.

2. Spring Forward with Daylight Saving Time

On Sunday, March 10, at 2 a.m., it’s time to “spring forward” for daylight saving time. While we gain more daylight in the evenings, we lose an hour of sleep. To ease this transition, consider going to bed a little earlier in the days leading up to DST. Remember, adjusting your clocks isn’t just about time—it impacts our health too.

3. Asparagus: Spring’s Nutrient-Packed Delight

With spring’s arrival, fresh produce is back in season. Add asparagus to your shopping basket. Not only is it delicious, but it also boasts health benefits:

  • Rich in fiber and antioxidants
  • High in vitamins A, C, E, and K
  • Acts as a natural diuretic
  • Contains glutathione, which helps combat carcinogens and free radicals So, can you spare a spear? Explore springtime recipes featuring this vibrant veggie.

4. Colorectal Cancer Awareness Month

March serves as a reminder to prioritize our health. If you’re between the ages of 45 and 75, book that routine colonoscopy. Early detection is key, and taking care of your gut health is essential. Even if you’re younger, consider discussing your family history and any concerning symptoms with your doctor.

Let’s make March a month of growth, renewal, and self-care. 

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