What Is A Recession

• Canada’s economy in for a ‘turbulent’ year, associate finance minister says

  The war in Ukraine and inflation are among the issues causing both uncertainty and economic harm in 2023, Canada's associate finance minister said Tuesday.

  Economy

  Jan 24, 2023
  
• Recession will be ‘deeper’ than first thought, but job loss will be minimal: Deloitte

  The Bank of Canada's interest rate hikes to date will push Canada into a 'deeper' recession than Deloitte first thought, but the finance firm still expects minimal job losses.

  Economy

  Jan 17, 2023
  
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• Bank of Canada surveys show how Canadians are gearing up for a possible recession

  The Bank of Canada says a majority of both businesses and everyday Canadians are expecting a recession in the next 12 months and are slowing spending accordingly.

  Economy

  Jan 16, 2023
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• Recession or soft landing? Big bank economists weigh in on Canada’s economic fate

  Canada's big bank economists poured some fuel on the fire of recession calls on Friday, indicating that the economy is headed for a slowdown in 2023.

  Economy

  Jan 13, 2023
• Here’s what a recession could mean for gig workers in 2023

  Employers in many industries are struggling to hire the workers they need. That means workers have more options for full-time work available to them.

  Economy

  Jan 6, 2023
• Inflation, interest rates, recession? Poll finds these Canadians are worrying the most

  Women, youth and parents are especially worried about the financial impact of inflation, rising interest rates and a possible recession, new Ipsos polling for Global News shows.

  Money

  Nov 1, 2022
• 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
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• Could Canada follow the U.S.’s economic decline? Here’s what experts say 

  Canada's economy shows signs of slowing but growing while the United States has reported two quarters of decline. What's the difference between the North American neighbours?

  Economy

  Jul 30, 2022