Armine Yalnizyan

Economist Armine Yalnizyan breaks down Canada's growing debt and its impact on government spending, discussing concerns about affordability, debt reduction, and the need for assistance. The podcast also explores government initiatives for rental housing construction and Canada's economic outlook, demographic changes, and the opportunity to build a resilient future.

In this insightful discussion, Armine Yalnizyan, an expert economist focused on workers' futures, and Peter Armstrong, CBC's senior business reporter, tackle the chaos in the stock market. They delve into how Trump's tariffs are impacting Canadian investments and pensions, raising concerns about everyday costs. The duo explore the volatility in Asian markets amidst U.S.-China tensions and discuss the potential for a recession, job losses, and inflation. Their analysis also emphasizes the need for effective political leadership during these challenging times.

Armine Yalnizyan, an Atkinson Fellow and renowned economist, shares her insights into the perplexing economic landscape facing Canadians. She explores the disconnect between rising economic indicators and the struggles of everyday people, emphasizing issues like soaring grocery prices and housing costs. The term 'vibecession' is dissected, illustrating how public sentiment clashes with statistics. Yalnizyan also discusses the recent interest rate cuts by the Bank of Canada and their implications, shedding light on the ongoing economic uncertainty.