Economy

EU expects recession to hit this year, U.K. GDP drops in Q3

Britain’s GDP dropped 0.6% in September while recession will start in Q4 for most EU nations

By David Mchugh and Jill Lawless, The Associated Press |November 11, 2022

3 min read

Central banks unlikely to reverse field in 2023: Fitch

Inflation fight is expected to require higher-for-longer interest rates

By James Langton |November 10, 2022

2 min read

New Brunswick’s budget surplus balloons above spring estimate

The province projects an increase of $739 million over the figure forecasted in March

By The Canadian Press |November 10, 2022

2 min read

Canada’s low unemployment rate is unsustainable, contributing to inflation: Macklem

Policies to promote an increase in workers would help, the Bank of Canada governor said

By The Canadian Press |November 10, 2022

2 min read