Economic Forecast
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Business confidence hits record low in Ontario, even lower in Hamilton and Niagara: OCCThe Ontario Chamber of Commerce’s latest economic report says business confidence has dropped mainly due to labour shortages and inflation.EconomyFeb 8, 2023
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Recession in Canada ‘probable’ next year, ex-Bank of Canada governor Mark Carney saysMark Carney, former head of central banks in both Canada and the U.K., told a Senate committee on Thursday that the economy is likely to fall into a recession sometime next year.EconomyOct 20, 2022
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As IMF warns of economic slowdown, Canada’s labour market could be critical bufferThere are silver linings in Canada to the "dire warnings" from the International Monetary Fund about a global economic slowdown, economists argue.EconomyOct 11, 2022
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Deloitte forecasts short-lived recession in 2023, but says job losses shouldn’t be severeDeloitte is calling for a recession by the end of next year, but says Canada's labour shortage and pandemic savings could cushion the blow for households.EconomySep 28, 2022
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Report says Alberta economy on road to recoveryA new report says Alberta’s economy is back on track and is expected to reach pre-pandemic levels by the end of the year.EconomyJul 18, 2022
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Inflation keeps rising, will recession follow? Experts say ‘batten down the hatches’Will Canada's economy tip into recession? Economists say it's in the cards, and warn businesses could be forced into layoffs as interest rates rise to tackle inflation.ConsumerJun 25, 2022
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Forecast that Alberta, B.C. will lead country in economic growth in 2020 ‘a bit bullish’: expertsThe Conference Board of Canada's provincial outlook predicts Alberta's economy will rebound by 2.4 per cent next year and 3.1 per cent in 2021.CanadaNov 26, 2019
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Conference board issues economic forecast for LondonLondon's economy is expected to slow slightly this year, and even more next year, according to the Conference Board of Canada.EconomyMar 14, 2018
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“Credible” case BC Liberals can pay for Throne Speech promises: UBC economistA UBC economist says it’s entirely possible the money is there to pay for more than $1.5-billion in new spending pledged in the BC Liberal Throne Speech.PoliticsJun 24, 2017
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Hamilton’s economic growth expected to hold steady as housing market slowsAccording to the report, manufacturing and tourism also remain strong, thanks in part, to a weaker Canadian dollar.CanadaMay 25, 2017
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