4 Best Recession Proof Canadian Stocks to Buy and Hold in 2022

The global stock markets have rallied over the past year, despite the world being grappled with one of the worst healthcare crises in human history. The Canadian stock market is no exception. S&P/ TSX Composite, the largest benchmark index in Canada, gained 56.04% since the stock market crash on March 23, 2020, following the news of a nationwide lockdown. The index has registered 3.6% gains year-to-date (as of February 26, 2021), 160 basis points higher than the S&P 500’s 2% returns over the same period.

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