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GDP declines 0.1% as trade uncertainty, tariffs and falling investment pressure economy
The release of Q1 GDP pushed growth to a very slight negative number (-0.1% vs Bloomberg consensus +1.5% q/q AR), after a downwardly revised Q4 print. Lots of skeptical commentary...
Conservative Leader Pierre Poilievre is calling on Prime Minister Mark Carney to reverse years of government policy as job losses mount and national economic growth turns negative.
Business & investing: The lucky country is being buffeted by some of the most serious economic headwinds in decades
By Jeanne Sahadi, CNN (CNN) — The United States is not in a recession, but the normal economic cycle means it will be at some point. Exactly when is hard to predict. A nationw...
This is the first time the economy experienced two consecutive quarters of negative growth since 2020
Canadian economic data will be volatile as the government works on a broader transformation of the economy, Prime Minister Mark Carney said in response to last week’s gross domesti...
Tons of politically motivated commentary in Canada about the implications of 2 consecutive quarters of negative GDP growth and a “technical recession” [1], even though it’s clear m...
The 2026 recession is here. You feel it. I feel it. GDP is growing, but the cost of living is rising, affordability is at a multi-decade low, and consumer sentiment […]
A surprise economic slump to start the year prompted forecasters to slash their expectations for Canada’s growth for 2026.
De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinchFollow our Australia news live blog fo...
In a devastating double-whammy ahead of the Chancellor's likely sacking, reports showed manufacturers and the once-mighty services sector floundering as confidence evaporates.
The Canadian economy edged into a technical recession as weak business and government spending drove a slight contraction in the first quarter.
OTTAWA — Statistics Canada says economic growth stalled in the first quarter, leading to a second consecutive decline in real gross domestic product. That meets some definitions fo...
An analyst noted that Canada is the only G7 country currently in a recession: 'Unemployment is up. Inflation is rising. Food insecurity is at a record high.'
From today’s Daily Commercial News, “A recession has been often defined as two consecutive quarters of negative growth, and so on that definition, Canada is in a recession,” [Micha...
Canada's economic contraction may lead to prolonged investor caution, potential policy shifts, and challenges in sustaining growth amid global pressures. The post Canada enters tec...
A fall in exports and a decline in household consumption were behind the contraction, as the country grapples with global shocks including the Iran war and US tariffs.
Statistics Canada says economic growth stalled in the first quarter and real gross domestic product was slightly negative on an annualized basis.
UVA researchers say the state's economy was hit hard by job loss last year. Read More
Canada is navigating a difficult environment, whether it's trade uncertainty, energy costs or adapting to the new world order
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