List of recessions in Canada explained

Although Canada's economy is closely linked to the United States' economy, Canadian and American recessions do not always coincide. A recession is generally defined as two successive quarters of negative economic growth.^[1]

List of Recessions in Canada^[2] !Name!Start!End

The Great Depression	April 1929	February 1933
	November 1937	June 1938^[3]
	August 1947	March 1948
	April 1951	December 1951
	July 1953	July 1954
	March 1957	January 1958
	March 1960	March 1961
	October 1974	March 1975
	June 1981	October 1982
	March 1990	May 1992
Great Recession	October 2008	May 2009
COVID-19 recession	February 2020	2021

See also

• Economic history of Canada
• List of recessions in the United Kingdom
• List of recessions in the United States

References

1. Web site: 2017-12-23 . Business Cycle Council Methodology . 2023-12-19 . C.D. Howe Institute.
2. Web site: 2021-08-24 . BUSINESS CYCLE COUNCIL . 2023-12-19 . C.D. Howe Institute.
3. Chambers . EJ . 1955 . The 1937–8 Recession in Canada . Canadian Journal of Economics and Political Science . 21 . 3 . 293–308.