Recession time
A new Yahoo Canada/Maru Public Opinion survey released today finds a majority (78%) of Canadians who believe the country is either in a recession now (55%) or headed towards one in the next three months (23%), with half (52%) of Canadians setting stricter priorities and having reduced their spending over the past month. Underpinning this recessionary view is two-thirds (62%) of Canadians believe the economy is moving on the wrong track.