Canada Recession

A new report says holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty looms. In its 2022 Holiday Retail Outlook, Deloitte Canada says overall holiday spending is…

A new KPMG survey has found Canada’s small and medium-sized businesses are banking on strong growth in the next three years, even as a possible economic downturn remains top of mind in the near term. The survey of 503 small and…

Overstocked inventories and fears of a recession on the horizon will push retailers to offload products at potentially steep discounts ahead of the holiday shopping season, according to experts. Retail giants the likes of Walmart,…