Recession
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Canada faces recession risk over next 6 months, most financial leaders sayBusiness and financial leaders say trade tensions are the most important factor the Canadian economy faces and a recession is still possible.EconomyNov 10
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Global economies including Canada are stable, but tariffs weighing: OECDA new report shows the global economic outlook for the year is better than previously thought, but still cautious because of the evolving tariff landscape.EconomySep 24
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Will Canada avoid a recession? Here’s what economists sayCanada's economy contracted in the second quarter of the year. In the third quarter, economists are expecting a bit of a bounceback.CanadaSep 23
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Canadian consumers are buying less, including on credit cards, data showsCanadians are also spending less money using their credit cards, another report by J.D. Power and Associates released on Tuesday showed.CanadaSep 18
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Youth unemployment is now at level seen ‘during a recession,’ report showsNearly one in five Canadian teens want to work but cannot find any work, the report noted. Young adults, aged 20 to 24, also saw a mild increase in unemployment.CanadaSep 4
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Canada’s GDP just fell. The bigger story is ‘beneath the hood’: expertsCanada's Gross Domestic Product, a measure of economic output, showed a third straight decline in June of 2025, according to Statistics Canada.EconomyAug 29
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Canada’s economy ‘treading water’ after GDP dropped for 2nd straight monthOne of the factors that helped boost the arts, entertainment and recreation sector? The NHL playoffs, which had three Canadian teams, Statistics Canada said.EconomyJul 31
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Canada’s defence spending will lift economy but won’t stop recession: reportThe report forecasts Canada's defence spending commitments will raise the country's real gross domestic product up to 0.9 per cent annually this year.EconomyJul 17
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More than 75% of Canadians hopeful on unity, economy in 2024: StatCanMore than three-quarters of Canadians said they were feeling hopeful about unity in the country, with a similar number expressing hope for economic opportunities.CanadaMay 29
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Canada’s unemployment will go past 7% this year — but no recession: OECDA new report from the OECD projects Canada's economy will lag behind other developed nations due mainly to the trade war, but narrowly avoid a recession.EconomyMay 27
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