Canadian Economy

Odds Of A Recession In Canada Just Got Much Higher

The Huffington Post Canada | Daniel Tencer | Posted 06.30.2015 | Canada Business

The odds that Canada will see a recession this year just rose considerably. Canada's economy shrank 0.1 per cent in April, StatsCan said Tuesday mo...

Majority Of CEOs Say Canada Too Dependent On Alberta: Survey

The Huffington Post Canada | Sunny Freeman | Posted 06.22.2015 | Canada Business

Nearly two-thirds of Canadian executives polled —including about 60 per cent of Albertans surveyed — said they believe the country should be less reliant on resources.

OECD Slashes Canadian Growth Forecast

CP | The Associated Press | Posted 06.03.2015 | Canada Business

PARIS - The world economy risks being bogged down in a low-growth spiral unless measures are taken to spur demand and incite businesses to boost their...

Looks Like Poloz Nailed That 'Atrocious Economy' Prediction

CP | Andy Blatchford, The Canadian Press | Posted 05.29.2015 | Canada Business

OTTAWA - When Bank of Canada governor Stephen Poloz veered off script earlier this year to deliver a stunner that Canada's first-quarter numbers would...

93 Per Cent of Canadians Get Nothing from Doubling the TFSA Limits

Ralph Goodale | Posted 05.15.2015 | Canada Business
Ralph Goodale

For those who readily have an extra $4500 available every year, after they've paid their taxes, this increase would be an attractive future tax break. But is a higher limit fair to taxpayers across the board? The answer to that question depends on how many taxpayers at various wealth levels will be able to benefit from the higher contributions.

Why You Should be Bracing for a Dual Market Crash

Dan S. Barnabic | Posted 05.14.2015 | Canada Business
Dan S. Barnabic

According to many North American economic analyses, we're not headed toward a bubble -- we're in one. But how is this bubble different from past bubbles and what will happen when it ultimately bursts?

How Will the Federal Budget Affect Our Lives?

Salman Sakir | Posted 05.05.2015 | Canada Politics
Salman Sakir

The federal budget announced recently has interesting policies that are expected to affect Canadians. Economic Action Plan 2015 has different components that may affect the lives of Canadians differently. An important aspect of the budget is that it would be balanced in 2015-16 with a projected surplus of $1.4 billion.

Small Businesses Across Canada Are Standing up Against Bill C-51

David Christopher | Posted 06.28.2015 | Canada Business
David Christopher

Small businesses across Canada are speaking up to warn the government about the economic damage that its "secret police" Bill C-51 will inflict on our economy. If Bill C-51 is passed, it will change Canada's economic climate for the worse, notably by harming Canadian commerce, trade, and data security. This upsurge in opposition from small businesses couldn't be more timely: committee hearings on the Bill are continuing today in the Senate, while the House of Commons could hold its final vote in just days.

Canada Must Build a Diversified Manufacturing Sector

Paul Stuart | Posted 06.21.2015 | Canada Business
Paul Stuart

The recent drop in oil prices has highlighted the vulnerability of the Canadian economy. We must strengthen our traditional manufacturing base by promoting innovation in our sustainably-managed forest resource, and provide jobs in the regions of Canada.

Canada's Economy Will Soon Pass $2-Trillion Mark

CP | Andy Blatchford, The Canadian Press | Posted 06.20.2015 | Canada Business

OTTAWA - Buried beneath the spending promises, fiscal forecasts and political posturing in Tuesday's budget will be the latest read on a little-known ...

What Oil Price Collapse? Canadian Profits At 27-Year High

CP | The Canadian Press | Posted 05.31.2015 | Canada Business

TORONTO - CIBC World Markets says corporate profit margins hit a 27-year high in the fourth quarter and are likely to remain strong despite the recent...

Fear Of An Oil-Price ‘Contagion'

The Huffington Post Canada | Daniel Tencer | Posted 03.29.2015 | Canada Business

‘Unbelievable’ decline in oil drilling could impact banks, construction Cost-cutting budgets in Alberta, Quebec will reduce economic growth...

OECD Slashes Economic Forecast For Canada

CP | The Canadian Press | Posted 05.18.2015 | Canada Business

PARIS -- The OECD has reduced its 2015 and 2016 economic growth forecasts for Canada, citing the drag caused by a significant drop in prices for oil a...

Manufaturing Isn't Bouncing Back

CP | The Canadian Press | Posted 05.17.2015 | Canada Business

OTTAWA - Statistics Canada says manufacturing sales fell 1.7 per cent in January due to a sharp drop in petroleum and coal products.The result compare...

Temper Tantrums in Question Period

Ralph Goodale | Posted 05.08.2015 | Canada Politics
Ralph Goodale

Last week, Social Development Minister Candice Bergen went off on a flight of fancy with false accusations about the economic record of previous Liber...

This Chart May Be The Best News In Ages About Canada's Economy

The Huffington Post Canada | Daniel Tencer | Posted 03.04.2015 | Canada Business

For years, economists have been saying that if Canada wants sustainable growth, it has to stop relying on consumers taking on more debt and start bein...

Canada's Economy: Slower, But It Could Have Been Worse

CP | Andy Blatchford, The Canadian Press | Posted 05.03.2015 | Canada Business

OTTAWA - The Canadian economy slowed to a 2.4 per cent growth rate in the last three months of 2014 — but still performed better than a consensus of...

Here's What Falling Oil Prices And A Weak Loonie Mean For Businesses

Andrea E. Bolger | Posted 04.20.2015 | Canada Business
Andrea E. Bolger

These factors have brought hard times to some industries and uncertainty about the impacts to the Canadian economy as the whole. While uncertainty is never comfortable, it can present some opportunities and challenges depending on your situation or sector. Here are three to watch for the rest of the year.

Sunny Freeman

30% Chance Of Recession In Canada: Report

HuffingtonPost.com | Sunny Freeman | Posted 02.06.2015 | Canada Business

At least one economist is ready not only to use the “R-word” but has also put a number on the risk of a recession happening. The odds of the e...

Sunny Freeman

Is Canada Headed For Another Recession? 8 Troubling Signs

HuffingtonPost.com | Sunny Freeman | Posted 02.04.2015 | Canada Business

A string of dire economic news since the beginning of 2015 has many observers worried about whether Canada could be on the brink of another downturn, ...

'There Will Be Blood' In Canadian Economy: JPMorgan

The Globe and Mail | Posted 01.31.2015 | Canada Business

A major U.S. bank is warning Canadians what to expect from the rout in the oil market: “There will be blood.” That warning from JPMorgan Chase ...

Why Are Harper and the Bank of Canada Following Contradictory Strategies?

Ralph Goodale | Posted 03.29.2015 | Canada Politics
Ralph Goodale

It's strange indeed to see the federal government and the central bank headed in opposite and contradictory directions. The Bank of Canada is moving to stimulate greater growth, while Mr. Harper pushes more austerity -- with the net effect of reducing aggregate demand.

IMF Lowers Outlook For Canada

CP | The Canadian Press | Posted 03.22.2015 | Canada Business

OTTAWA - The International Monetary Fund is downgrading its 2015 growth forecast for the Canadian economy as it lowers its overall outlook for global ...

How Is it That Norway Is Rich and We Are Not?

John McKay | Posted 03.21.2015 | Canada Politics
John McKay

Alberta's economy is on the precipice of free-fall where Norwegians are able to look over the precipice and know that they are not going over it. How did this happen? The simple answer is that Norway decided to de-link its economy from oil revenues and Canada did not.

As The West Sputters, Is Ontario Ready To Take The Lead?

CP | Andy Blatchford, The Canadian Press | Posted 03.21.2015 | Canada Business

OTTAWA - Inside his humming facility on the outskirts of Ottawa, Mark Perry's operation pumps out specialized plastic products — everything from pat...