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October 19, 2022 21 min

Many young people in Canada are witnessing inflation for the first time in their lives. And most of them won’t recall The Great Recession that occurred between 2007 and 2009, resulting in a global financial crisis.

In this episode, CCYP Executive Director and host Chris Duff invites Enriched Academy Financial Literacy Advocate, Arian Beyzaei to talk about what a recession is and how young Canadians can prepare for the next one.

Arian also explains what the Bank of Canada is and its role in supporting Canadians before, during and after a recession.

CONTINUE LEARNING Impacts of Inflation on Canada's Youth


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