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Canada Economic Forecast

Bad News, Canada

CP | Julian Beltrame, The Canadian Press | Posted 04.17.2013 | Canada Business

OTTAWA - The Bank of Canada sharply downgraded its expectations Wednesday on economic growth for the first half of this year, but held the line on off...

Prepare For 2 Years Of Economic Pain, Thanks To Housing Bust

CP | Julian Beltrame, The Canadian Press | Posted 04.10.2013 | Canada Business

OTTAWA - A leading international forecasting firm says Canadians should brace for tough economic times lasting another two years, lifting the jobless ...

Canadian Firms Turn Pessimistic

CP | Julian Beltrame, The Canadian Press | Posted 04.08.2013 | Canada Business

OTTAWA - Canadian firms have become more pessimistic about the economy and plan to ratchet down investment spending while keeping hiring modest, the n...

Canadians Losing Faith In Economy: Poll

CBC | Posted 05.15.2013 | Canada Business

The latest polling numbers by Nanos Research show Canadians are losing confidence in the economy. Nanos Research asked Canadians if the...

2013 Will Be A 'Mediocre' Year For Growth: CIBC

CP | Hugh McKenna, The Canadian Press | Posted 02.18.2013 | Canada Business

TORONTO - CIBC is predicting "very mediocre" growth for Canada next year, citing a weak world economy and an absence of key economic drivers at home.T...

Here's What The OECD Says Will Keep Canada In Slow Lane

CP | Julian Beltrame, The Canadian Press | Posted 01.26.2013 | Canada Business

OTTAWA - With global conditions weakening, Canada's economy will remain in the slow growth lane until the middle of next year, the Organization for Ec...

Good News For Canada From OECD

CP | The Canadian Press | Posted 01.12.2013 | Canada Business

OTTAWA - The outlook for the economy has brightened somewhat for Canada and two countries critical to Canadian exporters, according to the Organizatio...

Unwanted Trend Will Sap $22 Billion From Canada's Economy: PBO

CP | The Canadian Press | Posted 12.29.2012 | Canada Business

OTTAWA - Canada's budget watchdog says slower growth will sap about $22 billion annually from the country's economy.Parliamentary Budget Officer Kevin...

Don't Worry, It Was Just A Speed Bump

CP | Julian Beltrame, The Canadian Press | Posted 12.24.2012 | Canada Business

OTTAWA - Bank of Canada governor Mark Carney says he is not as eager to raise interest rates as he was a few months ago, although he made clear the ne...

Flaherty: Canada's Economy May Be Worse Than I Thought

CP | Julian Beltrame, The Canadian Press | Posted 12.18.2012 | Canada Business

OTTAWA - The federal government may need to downgrade its growth projections for the Canadian economy when it releases its mid-year budget update, Fin...

Less Hiring As Canadian Firms Sour On Economy: BoC

CP | Julian Beltrame, The Canadian Press | Posted 12.15.2012 | Canada Business

OTTAWA - Canadian firms appear to be preparing for hard and uncertain economic times, the Bank of Canada says in a business outlook survey released Mo...

Interest Rate Hikes On Horizon: RBC

CP | The Canadian Press | Posted 11.09.2012 | Canada Business

TORONTO - The Royal Bank of Canada predicts the Canadian economy will grow by 2.1 per cent this year, and that the central bank will gradually raise i...

TD Raises Odds On Economic Slowdown

CP | Julian Beltrame, The Canadian Press | Posted 08.27.2012 | Canada Business

OTTAWA - Canada's economy will underperform even moderate expectations in the next two years, TD Bank economists predicted Wednesday, adding that rece...

Canada's Second Slump May Be Harder To Fight

CP | Julian Beltrame, The Canadian Press | Posted 08.06.2012 | Canada Business

OTTAWA - Stephen Harper says Canadians can rest assured the government has a Plan B in place should another recession strike.But analysts warn a secon...

Canada's Economy Stays On Pace: StatsCan

CP | Julian Beltrame, The Canadian Press | Posted 08.01.2012 | Canada Business

OTTAWA - Disappointing output performance in Canada and a shockingly weak jobs report in the United States is raising new doubts about the strength of...

Retiring Boomers Bad News For Canada: Conference Board

CP | The Canadian Press | Posted 06.18.2012 | Canada Business

OTTAWA - A new Conference Board report says tight labour markets after 2016 will curtail the economy's long-term potential for growth.The think tank's...

Surprise, Surprise: This Region To Boom As Rest Of Canada Stagnates

CP | Posted 04.09.2012 | Canada Business

OTTAWA -- The TD Bank says persistently strong oil prices are giving the economies of resource-rich prairie provinces a turbo-boost. The bank says ...

Aging Population Will Take 20 Per Cent Bite Out Of Canada's Wealth: BoC

CP | The Canadian Press | Posted 06.04.2012 | Canada Business

OTTAWA - The economy is starting to pay a price as a result of the aging population, and the cost will grow unless Canadians adjust, says the Bank of ...

'Hire Locally' Policies To Be In Budget: Sources

CP | Heather Scoffield, The Canadian Press | Posted 05.28.2012 | Canada Business

OTTAWA - The federal government will tinker with unemployment programs in Thursday's budget to better match pools of eager workers with companies stru...

Federal, Ontario Budget Cuts To Slow Economy 'For A Number Of Years'

CP | Posted 03.28.2012 | Canada Business

OTTAWA -- Finance Minister Jim Flaherty's austere budget Thursday will place speed bumps on -- but not derail -- Canada's economic recovery, economist...

StatsCan Forecasts Solid Growth, But Housing Slumps

CP | The Canadian Press | Posted 05.21.2012 | Canada Business

OTTAWA - Gains on the Toronto Stock Exchange in February helped push Statistics Canada's composite leading index higher last month, pointing toward a ...

Canada No Longer Leading G7 In Growth -- Guess Who Is

CP | Julian Beltrame, The Canadian Press | Posted 04.07.2012 | Canada Business

OTTAWA - It's going to get harder for Prime Minister Harper and his ministers to keep boasting that Canada is No. 1 among economic rivals.As the year ...

Canada Becoming Economically Independent Of U.S.: TD

CP | Posted 02.01.2012 | Canada Business

TORONTO -- The Canadian economy appears to be on a long-term trend toward less dependence on the United States, according to a new study issued Wednes...

Canada's Economy Shrinks: StatsCan

CP | Posted 01.31.2012 | Canada Business

OTTAWA - Real gross domestic product unexpectedly edged down 0.1 per cent in November after showing no growth in October, Statistics Canada reported T...

IMF Downgrades Outlook On Canada

CP | Posted 01.24.2012 | Canada Business

OTTAWA - Canada's recovery is being dragged down by a cascading crisis in Europe and weakening conditions elsewhere, the International Monetary Fund s...