How younger Canadians can prepare themselves for a potential recession

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'I'd be lying if I said a looming recession wasn't worrying,' says Braveen Kumar, who is currently working on building his freelance business.

"I'd be lying if I said a looming recession wasn't worrying," says Braveen Kumar, who is currently working on building his freelance business.

Camille Horrocks-Denis is a documentary media student, and while she is supported by provincial loans and grants, works two jobs and lives with her partner, the high cost of living in Toronto is making her day-to-day more challenging as she considers the potential impact a recession might have on someone like her.

"The 2008 recession was atypically deep, and if we were to experience a recession this time, odds are it wouldn’t be as severe," she says. "We expect the Bank of Canada to hike a bit less than the market is pricing in, thereby avoiding an outright recession if the Federal Reserve is also cautious about overdoing hikes.

Marketing professional Ankit Mishra says he is "quite concerned" about a potential recession and is upskilling as a result, learning French and researching industries that could be resilient during an economic downturn. In his case, he's exploring how technology could make life in cities better and learning about sustainability in the mining industry.

 

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Lmao...this will fun to watch

Beaver?

Like other young people who are struggling, he has to get a regular job in the meantime. There is the answer.

People that work won’t have a problem

Easy, gold and silver

Pay off debts NOW. Sunny days and ways and CERB done. Keep momma's basement clean.

By the picture you’re using, I bet it’s, ’ get a tent and sleeping bag, learn to hunt and fish’. Am I right?

Move in with your family if you have that option

vote in a drama teacher and a senile clown and this is what you get. but hey, mean tweets and all.

KY and bend over comes to mind.

Vote out trudeau, it’s kinda that easy…

Canada is finished it's a socialist woke leftist progressive toilet were immigrants elect the goverment and worser is racist quebec

I thought CERB was to prevent a recession now here we are

Stop trying to keep up with the Joneses. Live within your means.

Just accept that things are going to continue to get worse.

We are already in the recession. Rough times ahead. Layoffs are only starting and inflation is still at record highs. Stagflation in here.

Lol head line should be young people who already can’t afford house now looking at a recession

oh for fucks sake

We are heading into a recession by the end of the year or early next year, especially when they're coming out with articles like this right now. Embrace for impact cdnpoli

Make sure your india passport is updated

Vote out Trudeau

Gov assisted suicide.

Just like older Canadians could, make peace with living in debt for the rest of your lives.

Make make make. Save save save.

Leave Canada

The only clear solution is vaccinations. Mandated of course, and to freeze the bank accounts of anyone who disagrees. Let us take the time to put our faith into Lord Trudeau as he will use the emergencies act to send all of the unvaccinated to camps where they belong.

Dogecoin will save you ...1 Doge equals 1 Doge world 🌎 wide ...fight inflation with Dogecoin ...

Stop. Voting. Liberal.

I thought the recession was a conspiracy? 🤪 Looks like those crazy conspiracy theorists got another thing right

Depression*

Glory Holes 🕳

Move

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