Editorial: Deadlines and the recession

Deadlines to get information into the paper; a look at Canada's most recent recession.

There seems to be a bit of confusion from my last editorial where I talked about not being able to get in touch with the Libertarian candidate, despite trying several times over the period of a few weeks to contact her.

By the time I was finally able to reach Christina Yahn, the paper was already past the print deadline, so any changes to my editorial were not possible.

She did return one of my emails agreeing to an interview and called me from Hawaii, where she’s been living for the past four months volunteering, helping to build a bee sanctuary for pollinators and honeybees and working with some of the local beekeepers.

The interview she did with The Free Press is available in this edition.

Deadlines vary from publication to publication and anything we receive, or anyone we interview after Tuesday of each week, will not appear in Thursday’s edition, but will appear in a later edition.

For Letters to the Editor, please submit them by Monday of each week. Letters are printed based on space allowance and by taking timely issues into consideration.

And speaking of deadlines, last week was the deadline for the federal government to announce its second quarter numbers, which revealed the rumours are true – Canada is officially in a recession and is the only Group of Seven (G7) country in such a state.

The G7 is an international organization established to promote economic cooperation among the world’s largest industrial nations. The other countries in the G7 include France, Germany, Great Britain, Italy, Japan and the United States.

Economists say the technical indicator of a recession is when a country’s GDP shows two consecutive quarters of negative growth.

Canada fell into a recession in the first half of the year after taking a hit from low oil prices.

After months of speculation and the Conservative government denying the suggesting Canada is facing a recession, Harper was focused on a bump in growth in June, following five months of decline. However, June’s boost wasn’t enough to balance out the negative growth.

It looks like Canada could possibly face its eight straight deficit, which likely isn’t something Stephen Harper wanted to defend as the country heads to the polls on Oct. 19. This also isn’t the type of an economy another leader might want to have deal with upon becoming prime minister.