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.
| Name | Start | End |
|---|---|---|
| The Great Depression | April 1929 | February 1933 |
| Recession of 1937–1938 | November 1937 | June 1938 |
| Recession of 1949 | August 1947 | March 1948 |
| Recession of 1951 | April 1951 | December 1951 |
| Recession of 1953 | July 1953 | July 1954 |
| Recession of 1958 | March 1957 | January 1958 |
| Recession of 1960–1961 | March 1960 | March 1961 |
| 1973–1975 recession | October 1974 | March 1975 |
| Early 1980s recession in the United States | June 1981 | October 1982 |
| Early 1990s recession | 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
- "Business Cycle Council Methodology". C.D. Howe Institute. 23 December 2017. Retrieved 19 December 2023.
- "BUSINESS CYCLE COUNCIL". C.D. Howe Institute. 24 August 2021. Retrieved 19 December 2023.
- Chambers, EJ (1955). "The 1937–8 Recession in Canada". Canadian Journal of Economics and Political Science. 21 (3): 293–308.
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