Recession

• The ‘vibecession’ could end next year, BMO forecasts

  In a brief note from a BMO economist, the bank suggests signs of a rebounding economy could lead to the so-called 'vibecession' ending in 2025.

  Canada

  Dec 2
  
• Immigration has kept Canada’s economy afloat. What will coming cuts mean?

  The federal government said it would reduce the number of new permanent residents by 21 per cent by next year, with further cuts in the following two years.

  Canada

  Oct 25
  
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• Can T-Swift stop a T-cession? What’s next for Toronto’s flagging economy

  Spending and business activity in Toronto is dwindling compared to other major cities in Canada. Here's why the country's 'economic engine' is getting hit harder.

  Money

  Oct 3
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• The economy’s fine, but you’re not getting ahead: Welcome to the ‘me-cession’

  Economists argue that population growth has lifted the country out of recession territory even as individual Canadians feel like they're struggling to get ahead.

  Money

  Aug 14
• What is the Sahm rule, and why are U.S. market watchers ‘freaking out?’

  The 'Sahm rule' has been triggered in the United States. Here's what this indicator typically means for recessions and what Canadians should know.

  Economy

  Aug 8
• Wall Street, global markets plunge as fears grow of slowing U.S. economy

  The tumbles were spurred by Friday’s report showing unexpectedly slower hiring among U.S. employers, raising fears of a coming recession.

  Economy

  Aug 5
• 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
• ‘No urgency’ for Bank of Canada to cut rates as economy skirts recession

  The slowdown in Canada's economy hasn't yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.

  Economy

  Feb 29
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• U.K. becomes 2nd G7 economy to fall into recession

  Britain's economy fell into a recession in the second half of 2023, a tough backdrop ahead of this year's expected election for Rishi Sunak, who has promised to boost growth.

  World

  Feb 15
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• Japan’s economy falls into recession after shrinking for 2nd straight quarter

  The surprisingly weak performance in a second consecutive quarter saw Japan lose its title as the world's third-largest economy, replaced by Germany.

  World

  Feb 14