What is a Recession, and Should you be Worried?

<p>What you need to know about recent fluctuations in the market, and how a looming recession will change things for Canadian healthcare providers.</p> <p>-Business cycles 101 (1:57)</p> <p>-Measuring business cycles: GDP (2:31)</p> <p>-Recessions: What are they? (5:32)</p> <p>-Are we in a recession? (6:29)</p> <p>-Staring down a potential recession – what does it mean for healthcare providers? (8:25)</p> <p>-Should you be worried? (9:43)</p> <p> </p> <p>Resources:</p> <p><a href='http://admin5.podbean.com/https:/mailchi.mp/86f1694650fc/allied-health-financial-toolkit'>- Download the Financial ToolKit</a></p> <p>- <a href='https://www.thecanadianencyclopedia.ca/en/article/recession'>The Canadian Encyclopedia: Recession in Canada</a></p> <p>- <a href='https://www.thecanadianencyclopedia.ca/en/article/business-cycles'>The Canadian Encyclopedia: Business Cycles in Canada</a></p> <p>- <a href='https://www.investopedia.com/terms/r/recession.asp'>Investopedia: Guide to Economic Recession</a></p> <p>- <a href='https://www.investopedia.com/articles/stocks/08/industries-thrive-on-recession.asp'>Investopedia: Industries That Can Thrive During Recessions</a></p> <p>- <a href='https://www150.statcan.gc.ca/n1/daily-quotidien/220610/dq220610a-eng.htm?CMP=mstatcan'>Statistics Canada: Labour Force Survey (May 2022)</a></p> <p>- <a href='https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?cubeTimeFrame.startMonth=03&cubeTimeFrame.startYear=2022&pickMembers%5B0%5D=2.1&pickMembers%5B1%5D=3.1&pid=3610043402&referencePeriods=20220301%2C20220301'>Statistics Canada: Gross domestic product (GDP)</a></p> <p>- <a href='https://kenzie.snhu.edu/blog/which-industries-will-be-most-affected-by-a-recession/#:~:text=Retail%2C%20restaurants%2C%20and%20hotels%20aren,declines%20during%20times%20like%20these'>Kenzie Academy: Which Industries Will be Most Affected by a Recession?</a></p> <p>- <a href='https://storeys.com/canada-economists-recession-prediction/'>Storeys: Economists Split Over Whether a Global Recession is Coming</a></p> <p>- <a href='ht