Canada Recession

• Canada likely to avoid recession, begin recovering later in 2024: Deloitte

  Canada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, Deloitte Canada said in its economic outlook report. 

  Economy

  Apr 1
  
• Canada’s banks are guarding against bad loans. What this means for your money

  Canada's banks put away more money for bad loans this past quarter. Canadians should take that as a signal they may need to tighten their belts further in the months ahead.

  Money

  May 28, 2023
  
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• Many Canadian offices are empty. It could be the economy’s ‘canary in the coal mine’

  Canadian offices are increasingly empty these days. That poses a fundamental risk to Canada's economy, experts warn, amid higher interest rates and banking uncertainty.

  Economy

  May 4, 2023
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• Budget 2023 won’t fuel inflation, but misses the bigger economic picture: experts

  The budget saw the government attempting to strike a balance between necessary investments while not fueling inflation, but experts say a looming recession may make things worse.

  Politics

  Apr 2, 2023
• Canada heading into recession – but not as deep as previously forecasted: Deloitte

  Deloitte Canada's latest economic outlook, released ahead of the federal budget on Tuesday, says tight monetary policy is set to squeeze economic growth this year.

  Economy

  Mar 28, 2023
• PBO expects Bank of Canada done hiking rates, forecasts economic growth of 1% in 2023

  The PBO also predicts the Bank of Canada will keep its key interest rate target on hold at 4.5 per cent for the rest of 2023 before starting to cut in 2024.

  Economy

  Mar 2, 2023
• Canada’s economy in for a ‘turbulent’ year, associate finance minister says

  The war in Ukraine and inflation are among the issues causing both uncertainty and economic harm in 2023, Canada's associate finance minister said Tuesday.

  Economy

  Jan 24, 2023
• Global economy will come ‘perilously close’ to a recession this year, World Bank warns

  The impact of a global downturn would fall particularly hard on poorer countries in such areas as Saharan Africa, which is home to 60 per cent of the world's poor.

  Economy

  Jan 10, 2023
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• Most Canadians say 2022 was good for them but ‘pessimism’ lingers: poll

  As 2022 comes to an end, Canadians seem to have an "improved, but uneven outlook on the country and the world" compared to the last two years, according to an Ipsos poll.

  Canada

  Dec 31, 2022
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• Majority of Canadians fearful about feeding their families as economic anxiety grows: poll

  The Ipsos poll conducted exclusively for Global News found 53 per cent of those surveyed were fearful about having enough food on the table, up nine points from just a month ago.

  Money

  Dec 7, 2022