Recession Watch
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Have Canadian shoppers hit their spending limit?Households are looking increasingly spent, many experts have begun to suggest, and a ceiling on growth in the near term has perhaps been hit.CanadaMar 2, 2016
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The biggest threat to Canada isn’t plunging oil – it’s debtThe biggest danger for the country’s increasingly fragile economy isn’t plunging oil prices, or the threat of a housing bust in Vancouver or Toronto.CanadaFeb 24, 2016
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Canada not a great place to park money right now: pollCanadian investors are increasingly looking at putting their money to work outside the country despite the drop in the loonie, a CIBC poll suggests.CanadaFeb 24, 2016
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RBC worried about cash lent out to energy firms, consumersBank increases provisions for credit losses by 52 per cent due to expected pressures in the oil and gas sector and in its personal lending and credit card portfolios.CanadaFeb 24, 2016
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Ottawa likely to reveal gloomier economic picture in unusual updateFinance minister to release updated numbers weeks ahead of the upcoming budget in attempt to be more transparent about the economic situation.CanadaFeb 22, 2016
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TransUnion report: Auto loan delinquencies rise in Alberta, Sask.The slowdown in the oilpatch is impacting auto loan delinquency rates according to a TransUnion report, with rates on the rise in Alberta and Saskatchewan.CanadaFeb 17, 2016
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There’s hope yet for at least some laid-off oil workersOttawa responds with a firm "maybe" to a proposal that would see ex-oil and gas workers hired to clean up abandoned wells.CanadaFeb 12, 2016
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Deficits could total $90B over Liberals’ first mandate: bank studyThe country's fading economic prospects could see federal deficit spending tally as much as $90 billion over four years, National Bank says.CanadaFeb 10, 2016
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Canada’s factory revival faces ‘significant’ hurdles: fedsAmid high hopes that manufacturing will drive economic growth as the energy sector falters, federal documents warn sector's rebirth is staring at big obstacles.CanadaFeb 10, 2016
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The loonie is back above 73 cents — for nowCanada's dollar and its largest stock market were up significantly in the early going of Thursday's trading day thanks to rallying oil prices.CanadaFeb 4, 2016
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