Recession
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Can T-Swift stop a T-cession? What’s next for Toronto’s flagging economySpending and business activity in Toronto is dwindling compared to other major cities in Canada. Here's why the country's 'economic engine' is getting hit harder.MoneyOct 3
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The economy’s fine, but you’re not getting ahead: Welcome to the ‘me-cession’Economists argue that population growth has lifted the country out of recession territory even as individual Canadians feel like they're struggling to get ahead.MoneyAug 14
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What is the Sahm rule, and why are U.S. market watchers ‘freaking out?’The 'Sahm rule' has been triggered in the United States. Here's what this indicator typically means for recessions and what Canadians should know.EconomyAug 8
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Wall Street, global markets plunge as fears grow of slowing U.S. economyThe tumbles were spurred by Friday’s report showing unexpectedly slower hiring among U.S. employers, raising fears of a coming recession.EconomyAug 5
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Canada likely to avoid recession, begin recovering later in 2024: DeloitteCanada looks set to dodge a recession despite the ongoing downward pressure from higher interest rates, Deloitte Canada said in its economic outlook report.EconomyApr 1
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‘No urgency’ for Bank of Canada to cut rates as economy skirts recessionThe slowdown in Canada's economy hasn't yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.EconomyFeb 29
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U.K. becomes 2nd G7 economy to fall into recessionBritain's economy fell into a recession in the second half of 2023, a tough backdrop ahead of this year's expected election for Rishi Sunak, who has promised to boost growth.WorldFeb 15
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Japan’s economy falls into recession after shrinking for 2nd straight quarterThe surprisingly weak performance in a second consecutive quarter saw Japan lose its title as the world's third-largest economy, replaced by Germany.WorldFeb 14
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Canada hit technical recession in 2023, small business group forecastsThe Canadian Federation of Independent Business is forecasting that the economy contracted in the fourth quarter, potentially marking a technical recession.EconomyJan 23
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Wall Street sees record high following inflation scarsThrough many cycles in history, the Federal Reserve has helped induce recessions through such increases to interest rates and there was expectation last year it may happen again.ConsumerJan 19
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