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Businessman has no money. Unemployed and bankrupt man looks into his empty wallet. Stress crisis, unemployed businessmen waiting for new job, recession situation and hopelessness (Businessman has no money. Unemployed and bankrupt man looks into his em

Wealth, income gaps widening once again: StatsCan

After a pandemic pause, inequality is growing as poor hit harder by downturn

senior long-term care

Wave of retirement hits Canadian workforce as health care, education lose workers

A surprising number of workers younger than 65 are retiring early

Business openings drop by 50% as possible recession looms

The lack of openings this year comes as small businesses struggle with inflation and debt

Home For Sale Real Estate Sign in Front of Beautiful New House.

No housing crash on the horizon

Yet clients will need guidance in the medium term due to real estate-driven volatility and affordability pressures

  • By: Katie Keir
  • September 30, 2022 October 3, 2022
  • 15:36

Inflation hits record 10% in 19 EU countries using euro

Energy prices up 40.8%

Hi Price Currency

Resilient U.S. consumers spend slightly more in August

Spending on track to slow in Q3

Newspaper headline "Bankruptcy"

Insolvencies surge in August

Bankruptcies and debt restructurings were up sharply from last year

Small business sentiment dips slightly in September

CFIB members' outlook aligns with expectations for a second-half slowdown, TD says

  • By: Staff
  • September 29, 2022 September 29, 2022
  • 15:03
close up, business man or lawyer accountant working on accounts using a calculator and writing on documents

Spain agrees on temporary wealth tax, hikes for big earners

The revenue will finance initiatives to help people with lower incomes, the government said

U.S. economy shrinks at 0.6% annual rate in Q2

The poor performance was the second consecutive quarter of economic contraction

Businessman climbing towards growth in statistics

Canadian economy grew slightly in July, StatsCan says

Some banks expect third-quarter growth of about 1%

Canadian money

BoC to publish detailed summaries on policy deliberations after IMF recommendation

The summaries will be released about two weeks after each monetary policy decision starting in January

Miniature house on white background

Home prices to decrease 2.2% this fall, Re/Max forecasts

Winnipeg, Toronto and Vancouver are expected to see the largest declines

Financial District of London and the Tower Bridge

U.K. central bank intervenes in market to halt economic crisis

BoE to buy long-dated British government bonds

Close-up. Smiling young businesswoman holding cardboard box with her things.

Labour shortage, pandemic savings to soften blow of short-lived recession: report

Deloitte predicts 6% unemployment, technical recession

Flag of the European Community in front of the Eurotower in Frankfurt am Main

Europe’s outlook ‘darkening,’ ECB head hedges on recession

Christine Lagarde said the bank's baseline scenario was subdued economic growth

Three cargo ships with shipping containers docked at the container terminal in the port of Hamburg.

Global supply chains becoming unstuck: Moody’s

Faster deliveries and less congested ports point to diminishing disruptions

  • By: Staff
  • September 26, 2022 September 26, 2022
  • 13:48
Financial technology(fintech) and world economy

Weaker growth spells trillions in lost output: OECD

Organization warns against stimulative fiscal policy as governments move to cushion living standards

Emotional Stress, Bankruptcy, Finance

BMO calls U.S., Canada recession in 2023

Bank hikes Fed forecast 75 bps, adds 25 bps to BoC call

Coffee Shop owners

Statistics Canada says retail sales fell 2.5% to $61.3 billion in July

Gas sales dropped 14.2%

Canadian money

Loonie slides after Fed rate hike as investors retreat to safe haven of U.S. dollar

A lower loonie might make it harder for the Bank of Canada to stem inflation

Financial District of London and the Tower Bridge

Bank of England raises rates but avoids bolder hike like Fed

The bank matched last month's half-point increase to bring its benchmark rate to 2.25%

Investment bubble causing financial crisis, overvalued stock market or money inflation concept, businessman investor pumping air into big floating balloon with US Dollar money sign ready to burst.

More employers considering wage increases as inflation bites

Mercer Canada surveyed organizations about compensation plans for 2023

  • By: Mark Burgess
  • September 22, 2022 September 22, 2022
  • 12:28
Federal Reserve System Fed of USA press conference concept. Microphones TV and radio channels with symbol and flag of US Federal Reserve. 3d illustration

Fed attacks inflation with another big hike and expects more

New 3% to 3.25% range is highest since 2008

House bubble

Stats Canada says Canada’s homeownership rate fell in latest 2021 census release

New homes increasingly likely to be rented