Over the past several months, the possibility of an economic slowdown in Canada has made news headlines.

Stories in newspapers, like the National Post, and on the websites of major financial institutions, like RBC, all point to the same conclusion — an economic downturn is likely at some point this year. The Governor of the Bank of Canada himself, Tiff Macklem, can’t rule out a recession in the near future.

Our own data team has done extensive research into this, too, and has determined the same.

We all know that in a recession customers will be looking for the best price and may choose to shop at discount competitors which will hurt our sales and market share.

This news is not what anyone wants to hear. It’s certainly top of mind for all of us.

In uncertain times, it’s so important that we have a plan for your future — our future. A plan that supports you, as our valuable teammate, and the continued strength of our B.C. Safeway store network.

And this starts with a modernized collective agreement that balances the needs of our teammates while keeping our stores competitive and primed for growth.

As bargaining continues, we’ll keep you informed here on SafewayTalks.ca.