With recession fears in Canada, is an economic ‘soft landing’ on the table?

The Bank of Canada is expected to raise interest rates for the eighth time in a row next week. However, as Global News' Anne Gaviola discusses with Brett Chang, co-host of The Peak Daily, economists say predict it could be the last rate hike for now. Amid fears a recession is looming, our hosts consider if an economic "soft landing" is on the table for Canadians. Plus, more layoffs hit the tech industry. And our hosts also dig into how severe weather events cost $3.1 billion in 2022, according to the Insurance Bureau of Canada.