Recession In Canada

• Economy hit ‘sharp reversal’ in June. What this means for the Bank of Canada

  Forest fires in Alberta dragged down Canada's economy in May, but rebounds in the housing market and an end to the federal public service strike kept growth positive, StatCan said.

  Economy

  Jul 28, 2023
  
• Will there be a recession in Canada? What the latest data tells us

  A flurry of economic releases show Canada's economy has some underlying strength, with opinions mixed about whether a recession is still in the cards.

  Economy

  Jun 30, 2023
  
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• What is a recession? Here’s how a hit to Canada’s economy might impact you

  There's a lot of talk about a possible recession coming in Canada. What do economists mean when they talk about a downturn, and how does it impact Canadians?

  Economy

  Jan 19, 2023
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• Global economy will come ‘perilously close’ to a recession this year, World Bank warns

  The impact of a global downturn would fall particularly hard on poorer countries in such areas as Saharan Africa, which is home to 60 per cent of the world's poor.

  Economy

  Jan 10, 2023
• Canada must remain ‘fiscally responsible’ as recession fears grow, Trudeau says

  Prominent officials, including former Bank of Canada governor Mark Carney, have said this week that Canada and the world are heading towards a recession.

  Canada

  Oct 21, 2022
• Recession in Canada ‘probable’ next year, ex-Bank of Canada governor Mark Carney says

  Mark Carney, former head of central banks in both Canada and the U.K., told a Senate committee on Thursday that the economy is likely to fall into a recession sometime next year.

  Economy

  Oct 20, 2022