List of recessions in Canada

Although Canada's economy is closely linked to the United States' economy, Canadian and American recessions do not always coincide. A recession is generally defined as two successive quarters of negative economic growth.[1]

List of Recessions in Canada[2]
Name Start End
The Great Depression April 1929 February 1933
November 1937 June 1938[3]
August 1947 March 1948
April 1951 December 1951
July 1953 July 1954
March 1957 January 1958
March 1960 March 1961
October 1974 March 1975
June 1981 October 1982
March 1990 May 1992
Great Recession October 2008 May 2009
COVID-19 recession February 2020 2021

See also

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References

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  1. ^ "Business Cycle Council Methodology". C.D. Howe Institute. 23 December 2017. Retrieved 19 December 2023.
  2. ^ "BUSINESS CYCLE COUNCIL". C.D. Howe Institute. 24 August 2021. Retrieved 19 December 2023.
  3. ^ Chambers, EJ (1955). "The 1937–8 Recession in Canada". Canadian Journal of Economics and Political Science. 21 (3): 293–308.