Recession

Briefly: “Experts: Interest rates won’t change” and more news

Economists say that Bank of Canada governor Mark Carney isn't going to increase interest rates tomorrow.

By Staff |December 6, 2010

6 min read

Recession proof your practice

By Robert Abboud |October 19, 2010

Slow recovery to hold rates down: Desjardins

Canada’s economic recovery is weak, fragile and wrought with a fairly high risk of a relapse into recession, reports the Desjardins Group Economic Studies team. The economists point to a cooling housing market and the winding down of government stimulus programs as indicators of slow to moderate growth in the future. “Interest rates will stay […]

By John Powell |September 20, 2010

2 min read

Fresh data cast doubt on U.S. recovery

Fears of a double-dip recession in the U.S. were reinforced on Friday, by a spate of negative economic reports. On Friday it was announced that the U.S. consumer price index rose just 0.3% in August, meeting expectations, but core CPI fell short of consensus estimates, gaining just 0.1%. On a year-over-year basis, total CPI gained […]

By Steven Lamb |September 17, 2010

2 min read