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
No more crowdfunding and increased infrastructure: NSOs cautiously plan for federal funding boost
Despite the federal government's announcing an injection of more than $750 million into the Canadian sport system during the spring economic update in April, some national sports organizations remain cautious about their optimism until seeing how the funding will be applied.
https://www.cbc.ca/sports/nso-federal-funding-boost-9.7198725?cmp=rss

David Suzuki Foundation: "Fossil fuel subsidies undermine foundation of Canadian prosperity, a healthy environment"

"New fossil fuel subsidies contradict Canada’s international climate commitments and undermine needed environmental investments announced in Canada’s spring economic statement"

https://davidsuzuki.org/press/fossil-fuel-subsidies-undermine-foundation-of-canadian-prosperity-a-healthy-environment-david-suzuki-foundation/

#Canada #CDNPoli #ClimateCrisis #ClimateChange #EconomicUpdate

Higher oil prices set to give feds a 'windfall' in next budget
Global energy markets continue to reel from the ongoing disruption in the Strait of Hormuz. The price of oil is sitting around $100 US a barrel, but Tuesday's spring economic update used much lower prices to build the budget.
https://www.cbc.ca/news/business/federal-economic-update-oil-prices-9.7180752?cmp=rss
7 key takeaways from the Liberal government's spring economic snapshot
Prime Minister Mark Carney and Finance Minister François-Philippe Champagne introduced their spring economic update on Tuesday, the first since the Liberals were re-elected last year under Carney's leadership. Here are some key highlights.
https://www.cbc.ca/news/politics/takeaways-from-spring-economic-update-carney-9.7180305?cmp=rss
Higher oil prices set to give feds a 'windfall' in next budget
Global energy markets continue to reel from the ongoing disruption in the Strait of Hormuz. The price of oil is sitting around $100 US a barrel, but Tuesday's spring economic update used much lower prices to build the budget.
https://www.cbc.ca/news/business/federal-economic-update-oil-prices-9.7180752?cmp=rss
Higher oil prices set to give feds a 'windfall' in next budget
Global energy markets continue to reel from the ongoing disruption in the Strait of Hormuz. The price of oil is sitting around $100 US a barrel, but Tuesday's spring economic update used much lower prices to build the budget.
https://www.cbc.ca/news/business/federal-economic-update-oil-prices-9.7180752?cmp=rss
Higher oil prices set to give feds a 'windfall' in next budget
Global energy markets continue to reel from the ongoing disruption in the Strait of Hormuz. The price of oil is sitting around $100 US a barrel, but Tuesday's spring economic update used much lower prices to build the budget.
https://www.cbc.ca/news/business/federal-economic-update-oil-prices-9.7180752?cmp=rss

Previously announced funding for EV incentives & nature conservation 'do not outweigh the climate cuts from last fall’s budget', 'the worst climate budget since the Harper era'.

'Total federal climate spending is on track to decline precipitously in the next several years as Trudeau-era programs expire.'

https://www.policyalternatives.ca/news-research/fiscal-update-2026/

#Canada #CDNPoli #ClimateCrisis #ClimateChange #EconomicUpdate

Spring economic update wraps up old ideas as new projects | CCPA

Empowered with a majority government and new resource revenue, the feds are doing more of the same

CCPA
Spring Economic Update 2026: NDP Reaction – April 28, 2026

NDP Leader Avi Lewis speaks with reporters on Parliament Hill in Ottawa following the tabling of the federal government’s 2026 spring economic update. (no interpretation)