Tag Archives: economists

Listen to this article Estimated 3 minutes The audio version of this article is generated by text-to-speech, a technology based on artificial intelligence. The Canadian economy added a surprising 67,000 jobs in October and the unemployment rate ticked down to 6.9 per cent, Statistics Canada said on Friday, beating economists’ …

The escalating trade war between the U.S. and nearly every single one of its major trading partners has sparked a flurry of predictions and concerns that a global recession could be around the corner. And economists who spoke to CBC News say one is virtually inevitable, unless we see a …

Conservative Leader Pierre Poilievre’s attempt to block the federal government’s budget bill from passing earlier this month is the latest example of government spending coming under scrutiny amid high inflation. And while most fiscal experts agree that government spending can fuel inflation, economic research suggests the link between the two …

Economists don’t believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening. Canada’s central bank is expected to announce its eighth consecutive rate increase on Wednesday, with most commercial …

Finance Minister Chrystia Freeland will table her fall economic statement today — a roadmap of what’s to come from the federal government as the economy stands on the brink of a recession. Prime Minister Justin Trudeau faced some heat when he told reporters during the 2021 election campaign that he doesn’t …

Interest rates are creeping higher, and the word “recession” is on everyone’s lips. But so far, only a few financial commentators are warning of something much worse that could abruptly change the rules of the game: The threat of a financial crisis. On Wednesday, the Bank of Canada is preparing to announce what’s expected …