Economic Outlook

• ‘Economic war’ and income inequality are key concerns of Canadian bank CEOs

  National security and rising inequality are two of the biggest risks to economies today, said Canadian bank leaders at a conference Tuesday.

  Economy

  Jan 7
  
• Calgary’s economy expected to fare better than rest of Canada, with some headwinds

  Stephen Poloz, former governor of the Bank of Canada and one of the speakers at Wednesday’s announcement, warned against being overconfident with the projections.

  Canada

  Nov 2, 2023
  
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• Risk of ‘hard landing’ for global economy has ‘risen sharply,’ IMF warns

  The IMF has dimmed its outlook for the world economy this year amid high inflation, rising interest rates and uncertainties resulting from the collapse of two big American banks.

  Economy

  Apr 11, 2023
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• World Bank raises 2023 growth outlook but warns on banking turmoil, oil prices

  World Bank Group President David Malpass said on Monday that the lender has revised its 2023 global growth outlook slightly upward.

  Economy

  Apr 10, 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
• Manitoba government economic outlook predicts improving fiscal position

  Manitoba's economic growth is forecast at 0.9 per cent compared to 0.5 per cent nationally.

  Politics

  Feb 15, 2023
• Business confidence hits record low in Ontario, even lower in Hamilton and Niagara: OCC

  The Ontario Chamber of Commerce’s latest economic report says business confidence has dropped mainly due to labour shortages and inflation.

  Economy

  Feb 8, 2023
• 2023 will ‘feel like a recession’ for many, IMF warns in revised global outlook

  The International Monetary Fund said its latest World Economic Outlook forecasts show that a third of the world economy will likely contract by next year.

  Economy

  Oct 11, 2022
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• Conference Board of Canada report paints a rosy picture of Guelph economy

  According to a report released by the think tank, the Guelph economy is expected to see real growth in gross domestic product of 3.9 per cent in 2022 and 2.3 per cent in 2023.

  Economy

  Jul 21, 2022
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• Ontario fiscal watchdog projects smaller budget deficits than government

  Ontario's fiscal watchdog is predicting smaller budget deficits over the next few years compared to those in the government's latest economic update.

  Politics

  Feb 8, 2022