Recession
-
Could a Toronto Blue Jays playoff bid be a home run for the economy?Canada’s economy is slowing down just as the Toronto Blue Jays’ race for a playoff berth heats up. Here's what experts say that could mean for country's economic prospects.EconomySep 2
-
Could rate hikes be ‘over and done?’ What economists say as economy stallsEconomic growth was 'nearly unchanged' in the second quarter of 2023, coming in below expectations, according to the latest release from Statistics Canada.EconomySep 1
-
What is a ‘richcession’? And will it spare the economy from a full-blown downturn?While service sector workers were affected by restaurant and retail chain closures at the start of the pandemic, experts say the pendulum might be swinging the other way.CanadaAug 4
![]()
-
Economy hit ‘sharp reversal’ in June. What this means for the Bank of CanadaForest 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.EconomyJul 28
![]()
-
‘Wage inflation spiral’ could bring more strikes in 2023: University of ReginaStrikes and threats of work halts have been seen across Canada in 2023 including threats from WestJet's union and a current port strike on the coast of British Columbia.CanadaJul 10
![]()
-
Will there be a recession in Canada? What the latest data tells usA flurry of economic releases show Canada's economy has some underlying strength, with opinions mixed about whether a recession is still in the cards.EconomyJun 30
![]()
-
Would the biggest U.S. banks survive a severe recession? Fed’s ‘stress tests’ say yesUnder the Fed's test, US Bank would have a ratio of 6.6 per cent, Truist would be at 6.7 per cent and Citizens Financial would be at 6.4 per cent.U.S. NewsJun 28
![]()
-
Canada leading most countries in retail sales. Why is spending so high?Canadian retail sales climbed 2.4 per cent in March compared with the same month a year earlier, outperforming most developed markets around the world, a new report shows.ConsumerJun 19
![]()
-
Canada’s banks are guarding against bad loans. What this means for your moneyCanada's banks put away more money for bad loans this past quarter. Canadians should take that as a signal they may need to tighten their belts further in the months ahead.MoneyMay 28
![]()
-
Biden says debt deal is ‘very close,’ food aid emerges as final sticking pointWork requirements for federal food aid recipients have emerged as a final sticking point in negotiations over the looming debt crisis, even as Biden said a deal is ``very close.''U.S. NewsMay 27
![]()
