Canada jumps closer to military spending target thanks to COVID-19
Poised to spend the equivalent of more of its GDP on defence this year than at any point in the past decade.
Business economists see coronavirus as biggest risk: US survey
The panel expects 2020 GDP to decline 4.3%, first full-year contraction since a 2.5% fall in 2009 as recession ended.
Economic freedom on the wane worldwide
Policy response to COVID-19 has put more of the economy into government hands, threatening economic freedom globally.
Canada’s merchandise trade deficit increases sharply to $3.2B in June: StatCan
Exports were up 17.1% to $39.7 billion but down 20% from $49.6 billion a year earlier
Economy posted record 11.6% plunge in April: Statistics Canada
Manufacturing was down 22.5% with many factories either shuttered or operating at greatly reduced capacity.
Liberals ease access to emergency benefit as economy shrinks fast
More money for seasonal workers without jobs, those jobless before the crisis and those whose hours have been drastically cut.
Trade conflicts fuel synchronized global slowdown: IMF
Managing director Kristalina Georgieva blames rising trade conflicts that could mean a loss of around 0.8% of world GDP.
Can green investment help relaunch Germany’s economy?
Public pressure grows to address big issues such as global warming.
Canada posts strong quarterly growth, but trade risks loom
Analysts say trade-driven boost was likely a temporary factor, particularly with weakening global economic conditions.
IMF downgrades outlook for world economy to 3.7% growth
Predicts that US growth will slow to 2.5% next year as the effect of recent tax cuts wears off.
May GDP shows 0.5% growth, beats expectations for 0.1%
Manufacturing shows gains, oil and gas sector led the way with a 2.5% increase.
Bank of Canada holds interest rate as it ponders timing of next hike
Poloz says economy’s unable to continue running at full tilt without the power of lower rates.
Economy expands 1.7% in Q4 to cap off 2017 at 3% GDP
Growth in the fourth quarter was driven by a 2.3% increase in business investment.
Punting NAFTA talks into 2019 would cost Canada 0.2% of GDP
Soctiabank projects the country would still see modest economic growth of 2.3% on the year
Manufacturing helped boost economic growth in November: Statistics Canada
Sector gained 1.8%, the largest monthly increase since February 2014.