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List of recessions in Canada: Difference between revisions

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Rejected changes of dates to align Canadian recessions with those in the USA. The two country's recession dates are not in alignment. See the CIte.
Undid revision 1217299244 by Crath (talk)
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|February 1933
|February 1933
|-
|-
|[[Recession of 1937–1938]]
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|November 1937
|November 1937
|June 1938
|June 1938
|-
|-
|[[Recession of 1949]]
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|August 1947
|August 1948
|March 1948
|March 1949
|-
|-
|[[Recession of 1953]]
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|April 1951
|April 1952
|December 1951
|December 1953
|-
|-
|[[Recession of 1953]]
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|July 1953
|July 1953
|July 1954
|July 1954
|-
|-
|[[Recession of 1958]]
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|March 1957
|March 1957
|January 1958
|January 1958
|-
|-
|[[Recession of 1960–1961]]
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|March 1960
|March 1960
|March 1961
|March 1961
|-
|-
|[[1973–1975 recession]]
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|October 1974
|October 1974
|March 1975
|March 1975
|-
|-
|[[Early 1980s recession in the United States#1981–1982|1981–1982 recession]]
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|June 1981
|June 1981
|October 1982
|October 1982
|-
|-
|[[Early 1990s recession]]
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|March 1990
|March 1990
|May 1992
|May 1992
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|[[COVID-19 recession in Canada|COVID-19 recession]]
|[[COVID-19 recession in Canada|COVID-19 recession]]
|February 2020
|February 2020
|April 2020
|April 2024
|}
|}



Revision as of 20:29, 5 April 2024

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
Recession of 1937–1938 November 1937 June 1938
Recession of 1949 August 1948 March 1949
Recession of 1953 April 1952 December 1953
Recession of 1953 July 1953 July 1954
Recession of 1958 March 1957 January 1958
Recession of 1960–1961 March 1960 March 1961
1973–1975 recession October 1974 March 1975
1981–1982 recession June 1981 October 1982
Early 1990s recession March 1990 May 1992
Great Recession October 2008 May 2009
COVID-19 recession February 2020 April 2024

See also

References

  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.