Economic Slowdown
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Quebec’s pension fund manager reports loss of 5.6 per cent in 2022President and CEO Charles Emond stressed that the first half of the year was marked by the worst concurrent correction of stock and bond markets in 50 years.CanadaFeb 23
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Fill up now, analyst says, as gas prices are likely to jump soon in SaskatchewanThere's more than the coming holidays raising spirits in Saskatchewan. Gas prices are at their lowest since early 2022. But one analyst says that trend could soon change.CanadaDec 16, 2022
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China’s trade shrinks as COVID-19 restrictions, global slowdown impact demandOn top of the global slowdown, frail domestic consumption will put more strain on China's economy for a while yet, analysts predict.WorldNov 7, 2022
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Ottawa to present fall economic statement Nov. 3 amid fears of looming recessionOn Oct. 19, Freeland said that Ottawa will share with “some precision” its projections for the economy in its fall economic statement.EconomyOct 28, 2022
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Bank of Canada expected to announce another interest rate hike amid recession fearsWednesday's announcement would make it the sixth consecutive time the Bank of Canada raises interest rates this year in response to decades-high inflation.EconomyOct 24, 2022
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Is Canada facing recession? Freeland says fall fiscal update will reflect gathering storm"There are still some difficult days ahead for Canada's economy and for the economies of all of our friends and allies around the world," Freeland said in a speech in Windsor.CanadaOct 19, 2022
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Canada’s economy will ‘slow considerably’ in 2nd half of 2022, budget officer saysAs inflation slows and heads toward the central bank's target of two per cent, the PBO expects the Bank of Canada to begin lowering interest rates toward the end of next year.EconomyOct 13, 2022
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B.C. finance minister calls for discretionary spending cuts to protect budgetWith fears of an international financial crisis around the corner, B.C. Finance Minister Carole James is asking for fellow government officials to cut discretionary spending.EconomySep 26, 2019
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Calgary Stampede a ‘game changer’ for local businesses"We've had 11 months of steady growth in hotel occupancy in the city, so we're seeing the turnaround."EconomyJul 10, 2018
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