Canadian government to release fiscal update as recession fears loom

The federal government is about to deliver its fall fiscal update, as high inflation and interest rates linger in the minds of Canadians.

A dairy price hike approved for February is the latest price increase in what has become an expensive year for the average citizen.

The fiscal update won’t present a budget, but it will set the stage for what to expect during the spring. While economists are predicting a recession, Abigail Bimman explains why they don't expect the feds to talk about it.