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A war with Iran will sink Canada into a recession
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A war with Iran will sink Canada into a recession 

As tensions between the United States and Iran escalate, Canada will eventually be caught in the middle of it all. However, a war with Iran would disparage the Canadian oil sector, skyrocket gas prices, and potentially cost thousands of Canadian lives.

Background

In 1979, a revolution overthrew the US-backed Shah Mohammad Reza Pahlavi. Although the revolution consisted of Liberals, Socialists, Conservatives, and Communists, it was the Shia Islamists who came out on top.

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