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Is Canada ALREADY in a Recession? The Truth About Our Economy
Season 1 Episode 212
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Is Canada officially in a recession—or are we just on the edge of one? On today’s episode, Darren and Christina dive deep into the latest Canadian economic data, GDP numbers, trade wars, government finances, and what it all means for Canadian households and investors.
But it’s not all doom and gloom. History shows that the greatest wealth-building opportunities often come during recessions. From the 2008 financial crisis (when companies like Airbnb, Uber, and Instagram were founded) to today, those positioned with access to cash and smart strategies can thrive while others struggle.
Darren and Christina share how Canadians can prepare, protect their wealth, and seize opportunities:
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Building liquidity and financial control
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Why high-cash-value life insurance (infinite banking) is a recession-proof tool
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How to avoid selling at a loss when markets dip
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Positioning yourself for once-in-a-lifetime real estate, business, and investment deals
Tune in now!
Show notes:
00:00 - Introduction
01:20 - GDP numbers explained
03:30 - Trade wars & tariffs
05:15 - Business investment collapse
07:00 - 3 major hurdles for major projects in Canada
11:20 - Employment and wages
12:50 - Government finances & deficits
15:30 - Impact on Canadian households
18:45 - Are we in recession already?
20:20 - How to prepare & seize opportunities
23:00 - Infinite banking explained
25:00 - Lessons from the 2008 crisis
28:30 - The real winners in a downturn
29:50 - Crisis = Danger + Opportunity
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Thank you for tuning in to this episode. The information contained in this podcast is for informational and entertainment purposes only, and is separate and apart from the wealth coach services provided by Darren Mitchell and Associates, Inc. To its qualified clients, Control and Compound Financial expressly disclaims any and all liability or responsibility for any direct, indirect, incidental or any other damages arising out of any individual's use of this podcast or the information in it.
The views expressed here are those of each participant and guests, and not necessarily those of or endorsed by Control and Compound Financial, its affiliates, subsidiaries, and their respective directors, shareholders, officers, or employees. For full disclosure, visit controland compound.com/podcast-media.
Published on 2 weeks ago