Is Canada in a recession? What a technical recession means and what Mark Carney is saying #Recession #EconomicUpdate #Canada #TechnicalRecession #CanadianEconomy nowtoronto.com/news/is-cana...

Is Canada in a recession? What...
Is Canada in a recession? What is a technical recession?- NOW Toronto

Canada's economy has entered a technical recession after two consecutive quarters of negative growth. Here's what that means.

NOW Toronto

"Higher oil prices also mean higher prices at the gas pumps. But from a macro perspective, Canada's economy benefits when #oilprices rise. ...

"While our results are necessarily tentative, they suggest that the #Canadianeconomy does have a “sweet spot” for oil prices at around US$120 - US$130 in today’s dollars and that pushing well beyond it comes with diminishing, and potentially negative, macro returns," [Scotiabank's Olivier Gervais] wrote."

#oilandgas

https://subscriptions.cbc.ca/newsletter_static/messages/mindyourbusiness/2026-05-25/

Mind your Business

GDP coming in hot

Canada’s China recalibration: Rapprochement or risk-hedging?

Ottawa's playing of the China card helps counterbalance U.S. pressure.

The Japan Times
CIBC: The #Canadianeconomy advanced by 0.1% m/m to start the year, a tick above the consensus expectation & advance estimate, driven by strength in #goods-producing #sectors, namely #oilandgas extraction, #mining/quarrying, and #construction, which masked a decline in #manufacturing #cdnecon #GDP
Database Connection Issue

Which departments were early adopters for ‘Buy Canadian’ rules?
Following an order of paper questions inquiring on the policy last year, numbers indicate that the policy has not been implemented by all federal departments.
#policy #implementation #Canada #Economy #BuyCanadian #CanadianEconomy
https://globalnews.ca/news/11648707/federal-departments-do-not-have-buy-canadian-policy-2/
Which departments were early adopters for ‘Buy Canadian’ rules?
Following an order of paper questions inquiring on the policy last year, numbers indicate that the policy has not been implemented by all federal departments.
#policy #implementation #Canada #Economy #BuyCanadian #CanadianEconomy
https://globalnews.ca/news/11648707/federal-departments-do-not-have-buy-canadian-policy-2/
Which departments were early adopters for ‘Buy Canadian’ rules?
Following an order of paper questions inquiring on the policy last year, numbers indicate that the policy has not been implemented by all federal departments.
#policy #implementation #Canada #Economy #BuyCanadian #CanadianEconomy
https://globalnews.ca/news/11648707/federal-departments-do-not-have-buy-canadian-policy-2/
Most analysts doubt the #US military would invade #Canada. ‘I still do believe that’s in the realm of science fiction … But I do believe — now more than ever — that the ( #US) is willing to cripple the #Canadianeconomy in ways that suit the president’s whims’.” 🎁🔗 www.bloomberg.com/news/article...

Trump’s Venezuela, Greenland T...
6 in 10 Canadians expect the economy to get worse in 2026, survey finds
Almost three in four (71 per cent) of Canadians expect higher living costs and 59 per cent said they expect the overall economy to worsen, a new survey shows.
#economy #expectations #Canada #CanadianEconomy #CostofLiving
https://globalnews.ca/news/11609849/2026-economy-canada-predictions/