Recession Fears

• Silicon Valley Bank seized by U.S. regulator after rush to pull cash. What happened?

  The seizure of Silicon Valley Bank assets marks the largest bank failure since Washington Mutual during the height of the 2008 financial crisis.

  Consumer

  Mar 10, 2023
  
• Worried about layoffs? How to protect your job, finances amid recession fears

  In the event of a potential recession, two Canadian financial planning experts say the key things are to become indispensable in the workplace and to have an emergency fund.

  Canada

  Nov 5, 2022
  
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• Recession fears put housing plans on hold for 41% planning to buy or sell: Re/Max

  A new Re/Max poll shows two in five Canadians are holding off on either buying or selling a home this fall over fears of a possible recession.

  Economy

  Sep 28, 2022
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• Canada heading for mild recession in 2023, but it will be ‘short lived’: RBC

  Royal Bank economists are prediction a 'moderate' recession to hit Canada in 2023, with home prices expected to fall 10 per cent in the year ahead.

  Economy

  Jul 7, 2022
• Trump backs off proposed tax cuts, says U.S. already has a ‘strong economy’

  "I'm not looking at a tax cut now,'' he told reporters at the White House. "We don't need it. We have a strong economy.''

  Economy

  Aug 22, 2019
• ‘Fundamentals’ of the U.S. economy are strong, White House says to quell recession fears

  Kellyanne Conway declared to reporters on Monday, "The fact is, the fundamentals of our economy are very strong."

  Economy

  Aug 20, 2019
• Canada has the ‘capacity’ to handle a recession despite continued deficit: Morneau

  Finance Minister Bill Morneau also said concerns about Canadian competitiveness will form a key plank of the upcoming fall economic update.

  Canada

  Oct 28, 2018