Canada economy

Prime Minister Justin Trudeau’s government should avoid new stimulus when it updates its fiscal plans this fall and focus instead on paying down debt as governments globally face greater scrutiny managing their finances, analysts…

The parliamentary budget officer is projecting the economy will “slow considerably” in the second half of 2022 and remain weak next year as the Bank of Canada continues to raise interest rates. In his latest economic and fiscal…

Royal Bank of Canada, an early predictor of a recession in 2023, now expects the country’s economic downturn will hit sooner and with more job losses than first expected. RBC updated its prediction in a note to clients Wednesday…

High inflation and a strong U.S. dollar will weigh heavily on Canadian snowbirds this winter, experts say. As the cold months approach, Snowbird Advisor president Stephen Fine said some snowbirds are opting for a shorter travel period…

Hurricanes Ian and Fiona could have grocers that source food from Atlantic Canada and the southern United States passing higher costs on to Canadian consumers, experts say, as some businesses on the east coast begin to rebuild their…

Gains in the energy sector as the price of oil rose above US$80 a barrel helped Canada’s main stock index surge more than 400 points higher on the first day of the fourth quarter, while U.S. stock markets also climbed higher. The…