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OPINION | Economists are forecasting a recession in Canada, how should you prepare?

The next time the Bank of Canada raises interest rates on the scheduled date of September 7, 2022, it could potentially trigger a recession. Although there may be a chance that we don’t enter into a recession and the BoC is still hoping for a soft landing, it’s best to be prepared. Contributor Christopher Liew explains how.

In this undated file photo, a woman is seen using a calculator. (RODNAE Productions/Pexels)

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Quebec Cardinal Marc Ouellet accused of sexual assault in class-action lawsuit

Quebec Cardinal Marc Ouellet, once considered a front-runner to become pope, has been accused of sexual assault and is among a list of clergy members and diocesan staff named in a class-action lawsuit against the archdiocese of Quebec. A woman identified as 'F.' in court documents tabled on Tuesday accused Ouellet of several incidents of unwanted touching.

Pope Francis, left, and Cardinal Marc Ouellet arrive at the opening of a 3-day Symposium on Vocations in the Paul VI hall at the Vatican, Thursday, Feb. 17, 2022. (AP Photo/Gregorio Borgia)

OPINION

OPINION | Economists are forecasting a recession in Canada, how should you prepare?

The next time the Bank of Canada raises interest rates on the scheduled date of September 7, 2022, it could potentially trigger a recession. Although there may be a chance that we don’t enter into a recession and the BoC is still hoping for a soft landing, it’s best to be prepared. Contributor Christopher Liew explains how.

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