Recession: Latest News

All news where Recession is mentioned

19.10.2022 / 21:37

Is Canada facing recession? Freeland says fall fiscal update will reflect gathering storm

Canada is facing some “difficult days ahead,” but whether or not the government expects the economy to tip into recession will be reflected in the feds’ upcoming fall forecast, Chrystia Freeland says.

Chrystia Freeland Canada city Ottawa county Windsor economy Recession

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

Nestled in the balance sheets of Canada’s biggest banks are fears that the economy is set for a rough patch that could see more Canadians defaulting on their loans.

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Many Canadian offices are empty. It could be the economy’s ‘canary in the coal mine’

interest rates are putting stress on Canadian real estate — but it’s not just homeowners feeling the pinch.Experts are warning that Canada’s commercial real estate sector could be a “canary in the coal mine” for a steeper downturn in the economy as an uncertain return to the workplace leaves many office landlords in a precarious position.Much of the fears for commercial real estate — a sector that includes office towers, retail spaces, warehouses and production plants — stem from the United States and recent instability in the banking industry.First Republic, a regional bank that catered to a wealthy clientele, was the latest casualty of the instability that has seen shockwaves spread beyond the U.S. to global banking institutions.It was Charlie Munger, vice-president of Berkshire Hathaway and right-hand man to investment magnate Warren Buffett, who rang alarm bells over the weekend about the state of U.S.

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How could a recession affect Canadians? What you should know

recession is on the cards as they look ahead to 2023.Though plenty of Canadians remember living through a recession or two, for millions of others it will be the first major downturn in their adult lives. Some are in their late 20s, perhaps thinking of buying a house or already homeowners.

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As IMF warns of economic slowdown, Canada’s labour market could be critical buffer

Canada will fare better in the year ahead than some other global economies amid dire warnings Tuesday from the International Monetary Fund (IMF) about a looming downturn, according to economists who spoke to Global News.

China Canada Recession

Stocks or bonds? Here’s where to park your money as recession fears ratchet up

Almost a quarter of Canadian investors said in a recent survey that they’re thinking of cashing out their stock investments after a rough year for the markets and rumblings of a possible recession. But experts are cautioning against rash decision-making in the heart of a downturn.

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Could Canada follow the U.S.’s economic decline? Here’s what experts say

Call it a tale of two economies: the latest figures from Statistics Canada on Friday show economic growth in the country slowed but likely avoided a decline through the first half of the year, just as the United States reported its second consecutive quarter of contraction a day earlier.

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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

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