OTTAWA (Reuters) -Canada's GDP contracted in August against a consensus estimate of flat growth, data showed on Friday, and an advance estimate suggested the economy might escape a recession in the ...
Canada is heading into a tariff-induced recession as trade tensions with the United States intensify under President Donald Trump. Export Development Canada (EDC) has cut its forecast for annual GDP ...
Scotiabank economist René Lalonde (with additional input from Olivier Gervais, Patrick Perrier, and Farah Omran) warns that ...
Canada’s economy is expected to dodge a potential recession this year, after grinding to a halt in the first half of 2025. That’s according to economists calling for tepid growth amid persistent ...
The Canadian economy grew at an annualized rate of 2.6 per cent in the third quarter, Statistics Canada said on Friday, avoiding a technical recession largely due to a surge in defence spending.