Toronto and Vancouver house prices pose a risk to the country, think tank argues.
"Zero appetite" for interest rate hikes at the Bank of Canada.
But there's reason to be hopeful.
Business investment is missing in action.
It won't be the oil producers, that's for sure.
BMO cuts growth forecast to zero from 1.5 per cent.
The loonie at 80 cents U.S.? That was never going to last.
“Some are questioning whether Canada really needed that fiscal stimulus after all.”
It will take a few more years for Canada's economy to rebalance from the oil price shock.
Odds of a recession seen as much higher than just nine months ago.