Economy

Economy posted no growth in Q4, but consumer spending is holding on

The Statscan report showed a grimmer economy than forecasters expected as higher rates took a toll

By Nojoud Al Mallees, The Canadian Press |February 28, 2023

3 min read

Current account deficit higher in 2022: StatsCan

Foreign investor interest in domestic bonds comes as the Bank of Canada is shedding its bond holdings

By James Langton |February 27, 2023

2 min read

U.S. recession now expected to start later than predicted

A third of economists expect a recession to begin in the April-June quarter

By Christopher Rugaber, The Associated Press |February 27, 2023

2 min read

Fed’s rate hikes likely to cause a recession, research says

But Fed board member says current environment differs from past inflationary periods in four ways

By Christopher Rugaber, The Associated Press |February 24, 2023

5 min read