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Macklem spoke today at the Fairmont Hotel Vancouver

Think tank expects real GDP to expand 2.2% next year – down from 2.8% growth in 2022

OTTAWA — The parliamentary budget officer is projecting the economy will slow considerably in the second half of 2022 and remain weak next year as the Bank of Canada continues to raise interest rates.

TORONTO — A new KPMG survey has found Canada’s small and medium-sized businesses are banking on strong growth in the next three years, even as a possible economic downturn remains top of mind in the near term.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,206.28, down 10.40 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 35 cents, or 0.48 per cent, to $72.51 on 9.

WASHINGTON (AP) — Federal Reserve officials at their last meeting stressed their commitment to taming “unacceptably high’’ inflation before announcing that they were raising their benchmark interest rate by a substantial three-quarters of a point for

TORONTO — Stock indexes in Canada and the U.S. ended the day slightly down as markets adopted a holding pattern ahead of U.S. inflation data expected Thursday.

Hockey Canada is continuing to lose major sponsorships as the fallout from its mishandling of sexual assault allegations deepens.

Downturn or recession? Experts debate the severity of economic shock ahead