How Does the Current Economic Downturn Compare to Previous Recessions?

How Does the Current Economic Downturn Compare to Previous Recessions?
A woman views the Toronto skyline from Sheldon Lookout during sunrise on Nov. 5, 2021. The Canadian Press/Evan Buhler
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News Analysis

While some economists view the current economic slowdown as mild compared with past recessions, they warn that stagnant per capita GDP and rising debt have left Canada in a weaker position to weather deteriorating economic conditions.