Which of the following was not a cause the Canadian recession of 2008-2009?
A)the recession in the U.S.
B)the collapse of the Canadian housing market
C)the global financial crisis
D)the rapid drop in commodity prices
E)a decline in global interbank lending

Question

Quizplus · Accepted Answer

While the Canadian housing market experienced a slowdown, it did not completely collapse and was not a primary cause of the recession. The other options listed were factors contributing to the recession.

Which of the Following Was Not a Cause the Canadian