I dont think there is any recession in Canada, atleast not in Ontario, look around you, average house price about $350,000-$400,000. For someone to afford a house in that range, assuming a bank provides a loan of 3 x your income. So people are making atleast $120,000. So I dont think there is any recession in Canada or for that matter Ontario. We are doing great under the blessings of Dalton McGuinty, its another story that the rich are getting richer and poor are getting poorer, but thats everywhere regardless of recession.