The Trudeau government has survived scandals and missteps, but nothing has sapped its support quite like high inflation, writes Postmedia columnist John Ivison
Eighteen months later, with the U.S. in recession, 64 per cent disapproved of his administration.
The Liberals are trailing in most opinion polls against a Conservative party that has yet to elect a permanent leader.John Ivison: Freeland’s magical spending won't make inflation disappear More Canadians think inflation will remain high for a longer time, while fewer anticipate wage gains will keep up with prices.Article content
The debate among economists is whether Canada will slide into recession. To some extent, recessions are psychological: if people are working and feel secure, they will keep spending. But the warning signs from around the world indicate it will be hard for Canada to export its way out of a recession. The Russian invasion of Ukraine and China’s COVID lockdown are compounded by signs of a slowdown in the United States. The U.S.
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