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Global NewsPublished at May 30, 2026 at 10:45 AM1:57
Latest GDP numbers show “technical recession” in Canada thumbnail

Latest GDP numbers show “technical recession” in Canada

7 days agoPeak window
global newsCanada economyBank of canadastatistics canadaCanadanews
Published time
May 30, 2026 at 10:45 AM
Duration
1:57
Video type
News & Politics
Channel region
Canada
Publish Timing Insight
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Monetization Insight
High RPM
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Views
10.6K
Likes
78
Comments
248
Estimated Daily Revenue
$0.27 - $1.56
Estimated Total Revenue
$10.22 - $59.59
RPM Range
$0.96 - $5.6
1D Views Gain
0
7D Views Gain
0
1D Likes Gain
0
7D Likes Gain
0
1D Comments Gain
0
7D Comments Gain
0
Velocity Score
0%
Topic Cluster
global news
Video Description
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
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