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Armine Yalnizyan: Latest News

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16.02.2023 / 17:53

These economic ‘wildcards’ might keep inflation higher for longer

Over a six-week period, as part of the ‘Out of Pocket’ series, Global News is examining how inflation is impacting Canadians from coast to coast.

Canada county Canadian covid-19 pandemic economy shock bill travelers Target

Inflation keeps rising, will recession follow? Experts say ‘batten down the hatches’

The Bank of Canada’s efforts to tamp down on persistent inflation are increasing the odds of pushing the economy into a recession in the next year, according to some economists.

James Orlando Usa Canada Canadian Economy Bank of Canada Recession

Canada leaning toward new era of 1970s-style stagflation, economists say

Canada is leaning toward a new era of 1970s-style stagflation as the pace of economic growth slows yet inflation remains stubbornly high, economists say.

Canada county Atlantic Money Canada economy

All eyes on Ottawa as Freeland set to deliver hotly awaited coronavirus fiscal update

Chrystia Freeland is set to share more details on the government’s spending plans as officials continue pouring money into the coronavirus crisis, still with no clear end in sight.Freeland will give a federal fiscal update on Monday afternoon in the House of Commons, marking her first formal fiscal presentation since taking over the finance post from Bill Morneau in August.“This is not only an unprecedented time, we have shifted finance ministers and this is her first major official piece of work,” said Armine Yalnizyan, an economist and fellow with the progressive Atkinson Foundation.In that speech, Freeland suggested the government views the need to keep spending while economic restrictions remain in place as being tied to what it has

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

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