Global economic growth is slowing more than was expected only a few months ago, as the fallout from the Trump administration’s trade war continues, the OECD said on Tuesday, and Canada is among the countries where the downturn is most concentrated. The Organization for Economic Co-operation and Development (OECD) revised down its …
Read More »Global economic slowdown from tariffs starting to impact Canada, Carney says after cabinet meeting
First-time voter attended rallies for both Poilievre and Carney Amour Baza will turn 18 just in time to vote in the federal election. Baza speaks to the CBC’s Marina Von Stackelberg about attending both Liberal Leader Mark Carney’s and Conservative Party Leader Pierre Poilievre’s rallies. Baza says he is still …
Read More »Canadian banks set to report Q1 earnings as slowdown expected ahead – National
Canadian bank stocks have been riding a wave of investor optimism so far this year, but analysts say the first-quarter results that start arriving later this week will be a reminder of the mixed economic picture ahead. On the positive side are the signs of easing inflation and job reports …
Read More »Technology layoffs show high-flying sector not immune from slowdown
Canada’s technology sector has grown rapidly in recent years, as homegrown startups and foreign giants set about hiring hundreds of thousands of well-educated and talented workers. But that expansion has recently slowed to a crawl, as high inflation, interest rate hikes and a downturn for cryptocurrency have taken a lot …
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