Canada Récession

Why Betting On An Economic Meltdown Is Enriching Gold Investors

Marc Davis | Posted 05.02.2016 | Canada Business
Marc Davis

Something wicked this way comes! So say many leading stock market forecasters, who worry that a bubbling witches' cauldron of global economic woes is in danger of boiling over. Consequently, the threat of a renewed global recession looms large, they warn.

What You Need To Know About Filing Taxes In Tough Times

Caroline Battista | Posted 03.28.2016 | Canada Business
Caroline Battista

It's been a really tough year for a lot of my friends here in Western Canada. Towards the end of last year, news stories about job losses in Alberta were the most important newsmaker of the year. It's unfortunately a familiar story for a lot of employees who work in the oil patch.

Liberals' 2016 Budget Opts For Big Spending Over Restraint

Alexandre Laurin | Posted 03.23.2016 | Canada Business
Alexandre Laurin

We've seen this story before in the mid-1990s, when out-of-control deficits and an impending sovereign debt crisis led to painful spending cuts and tax increases. The government is wrong to make the return to budget balance conditional on strong economic growth. Population aging is already taking its toll on long-term projections, and too many unforeseen events can derail the fiscal path. Only tight fiscal discipline can balance the budget within a reasonable timeframe, protecting Canadians' standards of living from future large tax increases and cuts to government services.

Stock Charts Can Be Hazardous To Your Financial Health

Ivey Business School | Posted 02.12.2016 | Canada Business
Ivey Business School

The problem with using stock graphs to decide whether or not it is time to sell a company's shares has to do with the importance that people place on observations. Simply put, the most recent past is frequently seen as more diagnostic than the distant past, and so lines on a graph can be misleading.

Here's How To Make Sense Of Canada's Confusing 'Recession'

The RentSeeker.ca Team | Posted 02.11.2016 | Canada Business
The RentSeeker.ca Team

The Canadian economy is "technically" in a recession, as 2015 ended with two consecutive quarters of contracting GDP. Whether or not you personally agree with classifying the current economic situation as such, we are going through tough times. However, the recession does not seem to be bothering most Canadian economists -- or, for that matter, most Canadians.

Like Berlusconi, Trump's Big Man Politics Pose A Serious Threat

James Patava | Posted 02.03.2016 | Canada Politics
James Patava

Like Mr. Berlusconi before him, President Trump would lead the nation as far from the doctrines of the founding fathers as one could imagine. America could quickly become characterized by introverted foreign and economic policy -- underpinned by a suspicion of the wider world.

How To Manage Your Household Finances In Uncertain Times

Pramod Udiaver | Posted 01.11.2016 | Canada Business
Pramod Udiaver

With the economy continuing to struggle, markets fluctuating and job security in jeopardy, it is no wonder that many people are concerned about their financial futures. In such uncertain times, feeling out of control -- especially when it comes to finances -- can lead to unnecessary stress.

Canadian Hiring Intentions Worst Since Global Financial Crisis

CP | The Canadian Press | Posted 01.11.2016 | Canada Business

Business investment is also the lowest it's been since the financial crisis.

It's Still Worth Investing The Falling Canadian Loonie Abroad

Darren Sissons | Posted 12.16.2015 | Canada Business
Darren Sissons

While a Canadian dollar spent might only get you 70 cents (or less) of a U.S. stock, that stock's potential return over the long haul will likely more than offset its higher sticker price -- not to mention help you diversify your portfolio out of Canadian-only investments.

Growth On Horizon As Canada Enters Era Of Deficit Spending

Darren Sissons | Posted 11.04.2015 | Canada Politics
Darren Sissons

Spending one's way to growth is nothing new. What is new, and what is a first for almost any developed country is that Canada will be using both monetary and fiscal policy as a way to get the economy growing again at the expense of a balanced budget. For the economy as a whole, it is unequivocally good news.

Most Ontario Small Businesses Say They're Recession-Proof

Wade Stayzer | Posted 10.15.2015 | Canada Business
Wade Stayzer

Despite all the news about plunging oil prices, a weak dollar and hits to the manufacturing sector, small business owners are optimistic that they can weather any ups and downs in the economy. In fact, 86 per cent anticipate a growth in business while 43 per cent plan to hire new employees. Only 10 per cent of respondents anticipate a decline in business.

Why London West Is a Microcosm for the Federal Election

Andrew Perez | Posted 10.13.2015 | Canada Politics
Andrew Perez

On its surface, the suburban Ontario constituency of London West is like so many ridings in the province. Dotted with sprawling established neighbourhoods, the community's residents personify Protestant Ontario: reserved, small-c conservative and hardworking. But the economic landscape in London West has changed significantly since the Harper Conservatives took power almost a decade ago. With economic fears front and centre and conventional political wisdom out the window, this formerly unremarkable riding has quickly become a microcosm for the October 19 federal election

Recession Over? Not So Fast..

The Huffington Post Canada | Daniel Tencer | Posted 10.03.2015 | Canada Business

Those celebrating the end of Canada’s recession may want to recork the champagne, because it seems the economy isn’t out of the woods just yet. ...

In a Stagnant Economy, Spending Is Key to Stimulating Small Businesses

David Gens | Posted 09.29.2015 | Canada Business
David Gens

With the confirmation of the Canadian recession by Stats Canada earlier this month and the government's subsequent announcement of a $1.9 billion surplus, spending has become a particular point of interest in our upcoming election. Small business owners, who make up 98 per cent of employer businesses in Canada, will be looking to see which party's proposed spend will have a tangible effect on their bottom lines.

U.S. Fed Cites Canadian Recession As Reason For Holding Rates

The Huffington Post Canada | Daniel Tencer | Posted 09.18.2015 | Canada Business

The U.S. Federal Reserve kept its prime lending rate unchanged at its meeting Thursday, extending a nearly seven-year-long streak of near-zero interes...

Joe Ceci Fires Back After Harper Criticizes Alberta NDP

CBC | Posted 09.17.2015 | Canada Alberta

"We know why there is a recession," Harper said Tuesday, blaming the Alberta NDP.

Harper's Recession Proves Canada Needs a New Approach to the Economy

Jordan Brennan | Posted 09.05.2015 | Canada Politics
Jordan Brennan

With the economy contracting, oil prices sliding and the prospect of a balanced budget looking increasingly unlikely, Conservatives feared damage to their vaunted reputation as competent economic managers. As it turned out, Statistics Canada data confirmed that Canada's economy slipped into official recession in the first half of 2015 -- the damage was done.

Canada Needs a Government That Is Focused on Economic Growth

Bill Morneau | Posted 09.04.2015 | Canada Politics
Bill Morneau

One of the most important steps the Canadian government can take to kickstart the economy is a large-scale program directed at renewing our national infrastructure. It will help drive job creation while generating about $1.60 of GDP for every $1 spent. And it will transform the present value of low interest rates into long-term capital assets underpinning greater Canadian productivity.

One Good Reason Canadians Should Be Jealous Of Australia

The Huffington Post Canada | Daniel Tencer | Posted 09.03.2015 | Canada Business

Doug Porter, the chief economist at Bank of Montreal, is jealous of Australia. Despite having a commodity-based economy similar to Canada’s and b...

TSX Recovers (Somewhat) From Tuesday's Steep Drop

CP | The Canadian Press | Posted 09.02.2015 | Canada Business

The Toronto Stock Exchange posted a solid, double-digit gain Wednesday, but it wasn't nearly enough to make up for the sharp drop of the previous session.

New Liberal Ad Features Trudeau On An Escalator

The Huffington Post Canada | Mohamed Omar | Posted 09.02.2015 | Canada Politics

The escalator stops working at one point, but he fixes it.

This Recession Is Inconvenient for Harper

Brent Rathgeber | Posted 09.01.2015 | Canada Politics
Brent Rathgeber

The worst kept secret regarding the economy was made official today -- Canada is in a recession. There is nothing technical about it; the definition of a recession is relatively straightforward: two consecutive quarters with negative economic growth. The fact that this definition might not be convenient for a sitting government's, which holds itself out as brilliant economic managers, political fortunes is irrelevant. By any objective standard, the Canadian economy is under-performing.

TSX Dives On News Of Canadian Recession, Chinese Slump

CP | Peter Henderson, The Canadian Press | Posted 09.01.2015 | Canada Business

TORONTO — The Toronto Stock Exchange fell by triple digits on Tuesday as markets around the world dipped and new data confirmed Canada fell into rec...

How to Recession-Proof Your Finances

Jeffrey Schwartz | Posted 09.01.2015 | Canada Business
Jeffrey Schwartz

Well, it's official, or at least technically official: we're in a recession. What this means for the greater economy will be debated by economists, analysts, and politicians. But what this means for the average Canadian is pretty clear -- things aren't as secure as they used to be.

Canadians Owning Property in the U.S. Could Cash in on the Weak Loonie

Cleo Hamel | Posted 09.01.2015 | Canada Business
Cleo Hamel

For the past few years, Canadians have been taking advantage of our dollar being worth about the same as the U.S. dollar. From buying up real estate to cross-border shopping, being on par with the U.S. dollar has had its advantages. However, in the last few months, economic factors have driven the Canadian dollar down. It may be time to regroup and look at some strategies to make the weakening dollar work for you.