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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...
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 […]
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...
The Canadian economy edged into a technical recession as weak business and government spending drove a slight contraction in the first quarter.
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...
Business & investing: The lucky country is being buffeted by some of the most serious economic headwinds in decades
Recessions rarely arrive with a loud crash—they creep in through small warning signs most people ignore until it is too late. Everyone gets a little nervous when the financial news...
GDP declines 0.1% as trade uncertainty, tariffs and falling investment pressure economy
This is the first time the economy experienced two consecutive quarters of negative growth since 2020
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...
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...
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...
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.'
Given positive Q1 GDP growth (albeit with downside surprise of 0.3% vs 0.5% q/q Bloomberg consensus, vs. 0.4% Melbourne Institute nowcast), there’s been a substantial amount of com...
After whipsaw reports through 2025, Q1 reporting from Statistics Canada meets the definition of recession
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.
The Canadian economy is officially in a technical recession, but at least one Big Six bank says we’re not there. At least, right now. Statistics Canada (StatCan) data shows real gr...
Prime Minister Mark Carney acknowledged 'some weakness' in the economy after recent GDP data showed Canada was in a technical recession.
Statistics Canada says economic growth stalled in the first quarter and real gross domestic product was slightly negative on an annualized basis.
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...
Consider Germany over the last five years: Figure 1: German GDP (blue), and employment (red), both in logs, 2022Q3=0. Source: OECD via FRED, and author’s calculations. For the peri...
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...
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