Technical Recession Confirmed in Canada, Signs of Better Days Coming

Pumpjacks at work near Halkirk, Alta. in this file photo. The fall in business investment in the oil patch had a big impact on Q2 GDP in Canada. (The Canadian Press/Larry MacDougal)
Pumpjacks at work near Halkirk, Alta. in this file photo. The fall in business investment in the oil patch had a big impact on Q2 GDP in Canada. (The Canadian Press/Larry MacDougal)

Canada is in a technical recession, but there is light at the end of the tunnel. The inevitable was confirmed when Statistics Canada announced on...

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