global economy
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IMF slashes Canada’s economic outlook, but boosts global growth forecast for 2021The IMF said multiple vaccine approvals and the launch of vaccinations in some countries in December had boosted hopes of an eventual end to the pandemic.EconomyJan 26
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Coronavirus: Asian economic growth will halt for first time in 60 years, IMF warnsThe IMF expects a 7.6% expansion in Asian economic growth next year on the assumption that containment policies succeed, but added the outlook was highly uncertain.WorldApr 16, 2020
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Global economy has entered a recession amid coronavirus pandemic, says IMF headThe head of the International Monetary Fund said she believed not only the United States but many other advanced economies and a number of developing countries had already entered downturns.EconomyMar 27, 2020
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Liberals’ approach to deficits backs them into an unfortunate fiscal cornerThe Liberals’ upcoming budget will need to respond to the economic uncertainty from the COVID-19 outbreak and the rail blockades, Rob Breakenridge says.CommentaryMar 7, 2020
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How the new coronavirus could send shockwaves through the world economyLike previous outbreaks, the flu-like disease poses a risk to economies around the world as fear and confusion lead to abrupt changes in behaviour, decreased economic activity and a ripple effect across sectors that threatens everything from productivity to consumer prices.WorldJan 26, 2020
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2019 saw worst global economic growth of the decade: United NationsThe report said last year ended up having the slowest global economic expansion since the world financial crisis in 2008-2009.WorldJan 16, 2020
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Global shift toward protectionism expected to continue in 2020, experts sayThe headlines of 2019 were dominated by trade-related issues, including fears of Britain leaving the European Union.EconomyDec 19, 2019
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ILO report shows increasing income inequality — Where does Canada stand?According to the report, the lowest 20 per cent of income earners receive less than one per cent of the total worldwide income — a statistic that has not moved in the last 13 years.WorldJul 4, 2019
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Brexit uncertainty not a problem for Canada, but will hurt global economy: MorneauAccording to Statistics Canada data, Canada sends around just three percent of its exports to Britain.CanadaJan 16, 2019
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Justin Trudeau to speak at women’s summit in TorontoTrudeau and some members of his cabinet are set to take part in the Women in the World Canada summit.CanadaSep 10, 2018
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