So far, we've avoided a recession.
I will say that growth has been weak, but we needed that weak growth to let supply catch up with demand. We're very aware that it doesn't feel very good. As one of the previous members indicated, on a per capita basis, consumption is actually down. Canadians are really feeling this.
All I can say is that letting supply catch up with demand is relieving price pressures. That has brought inflation a long way down.