Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Super Blue Moon: A Celestial Spectacle

 

Tonight, stargazers around the world will witness a rare celestial event: the Super Blue Moon. Here’s are some brief details about this fascinating occurrence:

What Is a Super Blue Moon?

A supermoon is an infrequent phenomenon when the Moon appears larger and brighter than usual due to its proximity to Earth. Tonight, we’re treated to an even rarer event—a super blue moon. Here’s why it’s so special:

  1. Supermoon: The Moon’s elliptical orbit brings it closer to Earth, making it appear larger in the sky.

  2. Blue Moon: A blue moon occurs when there are four full moons in a season instead of the usual three. The third full moon in such a season is designated as a blue moon.

Why “Once in a Blue Moon”?

The phrase “once in a blue moon” originates from this rare occurrence. Tonight’s moon is both super and blue, making it a unique sight for skywatchers.

Viewing Tips

  • Time: The super blue moon will rise shortly after 7 p.m. EDT and reach its peak at 9:36 p.m. EDT. Check exact times for your region using the U.S. Navy moonrise calendar.

  • Appearance: Enjoy the moon’s full brilliance through Friday morning.

Remember to step outside and marvel at this cosmic spectacle!

Labels:

Comments

Post a Comment