Recession

• Canada’s economy was flat in July with signs of growth in August: StatCan

  Real GDP was 'essentially unchanged' in July, Statistics Canada said Friday, following a modest contraction of 0.2 per cent in June.

  Economy

  Sep 29
  
• 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.

  Economy

  Sep 2
  
• Advertisement
• Could rate hikes be ‘over and done?’ What economists say as economy stalls

  Economic growth was 'nearly unchanged' in the second quarter of 2023, coming in below expectations, according to the latest release from Statistics Canada.

  Economy

  Sep 1
• Advertisement
• 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.

  Canada

  Aug 4
• 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
• ‘Wage inflation spiral’ could bring more strikes in 2023: University of Regina

  Strikes 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.

  Canada

  Jul 10
• 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
• Would the biggest U.S. banks survive a severe recession? Fed’s ‘stress tests’ say yes

  Under 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. News

  Jun 28
• Advertisement
• 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.

  Consumer

  Jun 19
• Advertisement
• Canada’s banks are guarding against bad loans. What this means for your money

  Canada'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.

  Money

  May 28