How did the 2008-2010 recession and recovery compare with previous cycles?

The question above is answered in a feature article in the January 2011 edition of Canadian Economic Observer, published by Statistics Canada.


The article states that the recent recession was less severe than those in 1981-82 and 1990-1992, by most conventional measures.

The early stages of the recent recession had significant impact however, because output and employment contracted at a faster rate than in any post-war recession.


Compared to other major industrialized countries, Canada's decline in output was less pronounced and the subsequent recovery was more complete and quicker.


The article also shows how Statistics Canada determines whether an economy is in recession.

A summary of the article may be found in the January 13, 2011 edition of The Daily, published by Statistics Canada.

Canadian social and economic information

Two journals published by Statistics Canada provide a wealth of social and economic information. They may have just what is needed to add current statistics or analysis to a student's research paper. Decision makers might use the articles to develop programs that meet the needs of Canadians. According to Statistics Canada, Canadian Social Trends allows you to get the scoop on topical social issues, be on the forefront of emerging trends, and obtain accurate, first-hand Canadian data. Recent articles include:

• Who participates in active leisure?
• Online activities of Canadian boomers and seniors
• Caring for a parent who lives far away: The consequences

The second journal, Canadian Economic Observer, provides a thorough monthly economic briefing. Economic performance for the country, provinces and specific economic sectors is presented, along with topical and timely feature articles that highlight major issues and industries. Recent articles include:

• Differences in Canadian and US income levels, 1961-2008
• The evolution of the Canadian manufacturing sector
• The impact of recessions in the United States on Canada

Paper copies of the two journals are available at the Central Branch of OPL. They are also available on OPL's website as part of the Federal Depository Services Program, and on Statistics Canada's website.