In the Bank of Canada’s consumer survey out yesterday, almost half of Canadians expect a recession in the coming year and 58 per cent are uncertain about where the economy is heading. The sources of ...
The UK may already be in recession as Rachel Reeves’s record tax raid brings “extended agony” for the economy, an investment bank has warned. National GDP may be shrinking after a swathe of ...
A new report by BMO says 63 per cent of Canadians surveyed expressed concerns about the potential for a recession in the next 12 months. The worries come as tariff threats loom over Canadian ...
Now is as good a time as any to prepare to take advantage of the next recession instead of letting it take advantage of you. The first law of a recession strategy ought to be: Don't sell in the panic.
As tariff threats loom, a new Bank of Montreal (BMO) survey finds 63 per cent of Canadians expressed concerns about the potential for a recession in the next 12 months. The online poll also found 48 ...
He describes the Budget as a “seismic shock” akin to the great recession. “I’ve been in the business 47 years. This would take us back to the financial crisis of 2008,” Coburn says.
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as being in a recession, if not a depression. Bessent, in further bearish ...
Forget this week's minor decrease in the UK inflation number. The most important European data release was the confirmation from Germany that, during 2024, its economy contracted for the second ...
I think that will continue into 2025. In a way, we are in a geopolitical recession. Fortunately, it hasn’t impacted the global economy as badly as it could have. We’re still expecting more ...
Central 1 chief economist Bryan Yu said he thinks Canada will alter its immigration policy to allow more skilled permanent residentsRob Kruyt, BIV Debate around whether Canada is in a recession is ...
The fires struck as California’s economy was still recovering from the brief but sharp recession that hit the state five years ago when Newsom ordered shutdowns to battle the COVID-19 pandemic. About ...
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