Latest GDP numbers show “technical recession” in Canada

Latest figures from Statistics Canada have put the country into what's known as a 'technical recession.' That means economic drivers like trade and spending have floundered, as individuals, businesses and even government spending slowed. The report contains figures that show for the second quarter in a row Canada’s economic growth has faltered, with the annualized rate falling 0.1 per cent. “If this does end up being graded a recession, I'd say it's about a category one. It's very, very mild downturn.” BMO Economist Douglas Porter said. Heidi Petracek explains what it means for Canadians. For more info, please go to https://globalnews.ca/news/11873378/gdp-march-2026/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on TikTok HERE: https://www.tiktok.com/@globalnews.ca?lang=en #GlobalNews