七十年代wage and price control
八十年代初,經濟衰退,利息成18%+
九十年代初。經濟又唔掂,要放十日無薪假。啲公司大裁員。
2008 雷曼兄弟事件,席捲全球。
2020 武肺
中間仲有啲Regional Recession. 好似2014 to 2017 Alberta 經濟衰退。所以依家啲人話去Alberta,其實係未識死。侵侵上台,如果佢成功擴大石油開採,咁Alberta就大鑊啦。
依家根本就濕濕碎啦。
Anti-Inflation Act
In 1975, the federal government passed the Anti-Inflation Act in response to high inflation rates:
The act established a three-year controls system.
It limited pay increases for federal public employees and those in companies with more than 500 employees.
It created the Anti-Inflation Board to set wages and prices.
The program was controversial and was ended in 1978.
The act was repealed in 1979.
Canada has had five recessions since 1970:
1981–1982: A double-dip recession that was triggered by high inflation and an oil price shock. The economy shrank by 4.9% from peak to trough.
1990–1992: A deep recession caused by high inflation, tight monetary policy, and a lagging response to technological change.
2008–2009: A seven-month recession.
Early 2020: A short but deep recession caused by the COVID-19 pandemic.
Recessions are a normal part of the business cycle, and are usually followed by recovery and expansion. In Canada, recessions are often synchronized with the United States, as the two economies are linked. However, the extent of a recession in Canada is determined by many factors.
Recessions have become less frequent but more severe in the past 50 years. The Council ranks recessions on a scale of 1 to 5, with 5 being the most severe. The last three recessions in Canada were all category 4.