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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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Stay Healthy This Sick Season: Tips to Protect Yourself from Norovirus, COVID-19, Flu, and RSV


As winter approaches, so does the season of sniffles, coughs, and stomach bugs. Norovirus, COVID-19, flu, and RSV are all making their rounds, but there are steps you can take to protect yourself and stay healthy:

1. Practice Good Hand Hygiene

Wash your hands frequently with soap and water for at least 20 seconds, especially after using the bathroom, before eating, and after coming into contact with potentially contaminated surfaces. If soap and water aren't available, use a hand sanitizer with at least 60% alcohol.

2. Handle Food Safely

Norovirus is often spread through contaminated food. Ensure that you wash fruits and vegetables thoroughly, cook shellfish properly, and avoid preparing food when you're sick.

3. Clean and Disinfect Surfaces

Regularly clean high-touch surfaces like doorknobs, light switches, and countertops with household cleaning products. Use a chlorine bleach solution or an EPA-registered disinfectant to clean areas contaminated by vomit or feces.

4. Wear Masks in Crowded Areas

Wearing an N95 or medical-grade mask can help reduce your exposure to respiratory viruses like COVID-19 and the flu. Cover your mouth and nose with a tissue or your elbow when you cough or sneeze.

5. Get Vaccinated

Stay up to date with your COVID-19 booster shots and get the annual flu vaccine. While there are no vaccines for norovirus or the common cold, getting vaccinated against flu and COVID-19 can significantly reduce your risk of severe illness.

6. Stay Home When Sick

If you're feeling unwell, stay home to avoid spreading illness to others. Isolate yourself until at least 48 hours after your symptoms have subsided.

7. Prioritize Rest and Hydration

Ensure you get plenty of rest and stay hydrated. Drink water and electrolyte solutions to help your body recover from illness.

By following these simple steps, you can help protect yourself and others from the common winter illnesses. Stay healthy and take care!




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