Episode Details
Back to EpisodesICYMI -- Recession resilience: How Canadians survived the 1990 recession
Published 4 months, 3 weeks ago
Description
This ICYMI episode takes you back to October of 1990 - a moment when Canadians were staring down soaring interest rates, spiking oil prices, and waves of layoffs at CN Rail, Imperial Oil and Air Canada. The Conference Board of Canada had just declared a recession, while Prime Minister Brian Mulroney and Finance Minister Michael Wilson hesitated to say the word. Checkup callers share how they were surviving tough economic times with host Dale Goldhawk.