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National Post
National Post
25 Nov 2024


NextImg:Freeland says Canadians are in a 'vibe-cession' and she's got the cure

OTTAWA — Federal Finance Minister Chrystia Freeland said on Monday that she hopes her government’s proposed GST holiday will help bridge the gap between Canada’s macroeconomic picture and historically stressed-out households by bringing good vibes to the latter.

“People have been talking about a ‘vibecession’… and the fact that Canadians just aren’t feeling that good,” Freeland told reporters at a press conference in Ottawa to promote the temporary sales-tax reprieve. “That’s shaping their economic behaviour in ways that are not great for the Canadian economy.”