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In the early 1950s, when it became widely known that smoking caused cancer, giant tobacco companies formed the Tobacco Industry Research Council (TIRC). Its main goal was to deny the harmful effects of tobacco and confuse the public.
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Statistics Canada is reporting a 0.3 per cent increase in monthly GDP for July, on top of a (downward revised) 0.4 per cent increase in June. This will no doubt spark Conservative politicians, and many economists, to declare that the shallow recession which Canada experienced in the first half of 2015 is already over.
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The Canadian economy slowed to a crawl and then stopped. Economists call six months of no growth a recession. Statistics Canada made it official last week. What the numbers do not reveal is the personal dramas, individual hardships, and pain inflicted on people: an economy in recession creates growing unemployment.