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OPINION | Economists are forecasting a recession, how should you prepare?

The next time the Bank of Canada raises interest rates on the scheduled date of September 7, 2022, it could potentially trigger a recession. Although there may be a chance that we don’t enter into a recession and the BoC is still hoping for a soft landing, it’s best to be prepared. Contributor Christopher Liew explains how.

In this undated file photo, a woman is seen using a calculator. (RODNAE Productions/Pexels)