Jeff Bezos says you may want to rethink your shopping — here's 3 better recession-proof buys

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Tough times are coming. But you can still make money.

, will earn 2.50 per cent interest on every dollar you save. That’s 250 times better than a chequing account with a 0.01% annual percentage yield .

The sector isn’t a fascinating one, but it is recession-resistant: No matter what happens to the economy, people will still need to heat their homes in the winter and turn the lights on at night.Article content At the same time, the sector offers plenty of long-term growth potential due to favourable demographic tailwinds — particularly an aging population — and plenty of innovation.Article content

“Many of the fundamental underpinnings of the Canadian property market remain strong,” PwC says in their Emerging Trends in Real Estate 2023 report, “Especially given the impacts of trends like rising immigration levels on demand for real estate assets relative to continuing supply problems.”

 

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