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International student enrolment is an especially big question mark because of COVID-19 travel restrictions.
The bank has stopped making specific forecasts, due to the high level of uncertainty.
Working from home is expected to cause a "dramatic decline" in productivity, Canada's statistical agency says.
The ex-Bank of Canada head says policymakers would have little wiggle room to stimulate the economy in a sharp downturn.
Every part of the country looks different when it comes to the economy. But which regions have the best outlook? HuffPost’s senior business editor, Daniel Tencer, tells us which industries will see a hiring boom and which will see hard times in 2020.
But it turns out you don’t need a recession for Canadians to suffer financially.
A prolonged slowdown with low or negative interest rates would wreak havoc in the industry, a review from McKinsey concluded.
Canada kind of sucks at this free trade thing; the U.S. faces a record labour shortage.
The country would fall into recession if three-quarters of the money laundering suddenly disappeared, a new analysis says.
Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says.
Nearly two-thirds of people surveyed disagree with the Ontario premier’s claim.
A growing number of experts are predicting a recession in the near future. Whether they're right or wrong, the key is not to panic, says HuffPost Canada senior business editor Daniel Tencer.
The Bank of Canada is shrugging off a potential sign of a slowdown ahead.
Rising interest rates and fading government stimulus could drag down the economy.
After the financial crisis, I asked one of our executives how Canada had managed to sidestep the deep pain felt in the U.S. "I'm not sure we did," he pushed back. "Maybe it just hasn't happened yet." Fast forward to 2017 and here we are, fretting over housing bubbles and record-high debt levels.
In Italy recession is becoming a way of life. For example, the 'GDP Growth Rate in Italy averaged 0.60 percent from 1960
Another chart doesn't.
In a world of financial and economic inter-connectedness it would be foolish to suggest that there won't be any knock-on effects from the hitherto number four largest economy worldwide in its political convulsions, but from this particular writer's standpoint, Canada's economy is sailing safely going forward.
Politics aside, the concept behind infrastructure spending in theory makes sense: with interest rates near all-time lows and little expectation of them going up in the short term, now is probably as a good a time as any to borrow money and put it to work.
When unsold goods start piling up in warehouses, that’s a pretty good sign the economy is slowing down. And that’s what’s