What if the Canadian Recession Has Arrived and Nobody's Noticed?

It won't be a pretty picture...

There may be lies, damned lies, and statistics as Mark Twain posited. But statistics, as flawed as they may be, are all we have to go by.

And the statistics show a Canadian economy that very likely has already slipped into a recession, even as Tiff Macklem doth protest too much. The Bank of Canada will be singing like a canary within the next several mo…