recession

10:05AM
Printer-friendly version
Trudeau government ‘wage subsidy’ increases uncertainty for workers and businesses

The subsidy will be available for businesses that can show a 30 per cent decline in revenue.


11:48AM
Printer-friendly version
Don’t shoot the financial-market messenger

Financial markets are responding to an induced recession.


10:57AM
Printer-friendly version
Ford government should exercise prudence in these volatile times

Ontario's net debt is set to hit $354 billion this year.


9:55AM
Printer-friendly version
More bad news for federal finances—even worse if recession hits

The deficit is now pegged at $26.6 billion for 2019/20—$6.8 billion more than originally planned in last spring's budget.


8:15AM
Printer-friendly version
Trudeau government spending has increased risk of trouble if recession hits

If the conditions of the 2008-09 recession were repeated, the annual deficit would skyrocket to $120.5 billion.


10:55AM
Printer-friendly version

Ontario spends about nine per cent of all revenue on government debt-service payments.


1:52PM
Printer-friendly version

The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.


10:28AM
Printer-friendly version

The higher-than-expected inflation of the late-1980s was one reason the bank switched to inflation targeting.