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Trudeau to meet premiers to hammer out health-care funding deal
Prime Minister Justin Trudeau says he will host premiers and territorial leaders in Ottawa next month to work out the final details of a healthcare funding deal. Trudeau also signalled plans for individual agreements to meet specific...
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GDP Grew Annually At 2.9% In Q4, Despite Recession Fears
The U.S. economy grew at an annual rate of 2.9% in the fourth quarter, slower than the last quarter but above estimates, despite recession concerns.
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Two-thirds of world's economy will fall into recession, warns IMF director
The International Monetary Fund predicts the global economy will get worse before it gets better. The war in Ukraine, rising prices, high interest rates and the spread of COVID-19 in China are contributing factors to the gloomy economic...
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One-third of world's economy will fall into recession, warns IMF director
The International Monetary Fund predicts the global economy will get worse before it gets better. The war in Ukraine, rising prices, high interest rates and the spread of COVID-19 in China are contributing factors to the gloomy economic...
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Expect another tough economic year ahead, analysts say
The International Monetary Fund expects one-third of the world to be in a recession in 2023 as the Bank of Canada says the financial pains Canadians struggled with last year are not going away.
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One-third of world economy going into recession this year: IMF
The International Monetary Fund is warning that up to one-third of the global economy is in danger of an outright recession in 2023, because the three biggest economies, the U.S., EU and China, are all slowing down simultaneously.
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Tech industry in 2022: From boom to bust
The year 2022 saw the technology industry, flying high on pandemic-era profits, come crashing to earth.
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Inflation rate falls slightly but food, rent costs still climbing
Canada’s inflation rate fell slightly in November to 6.8 per cent, a 0.1 per cent decrease, but the cost of food and rent are still increasing, according to new data from Statistics Canada. That’s left millions of Canadians struggling to...
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How Will Consumers Spend their Money in 2023?
How will consumers change their spending in the new year amid worries about a potential recession?
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How to Prepare Your Finances for a Potential 2023 Recession
Bobbi Rebell, certified financial planner and personal finance expert at Tally, joined Cheddar News to discuss how to prepare for a possible recession.
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Retail Sales Fall Amid Pullback in Auto Sales
Retail sales in the U.S. fell more than expected as auto sales saw a steep decline.
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What Might Indicate That a Recession Is Almost Upon Us
Sean O'Hara, the president of Pacer ETFs, joined Cheddar News to discuss the current economy and Fed rate hikes.
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'There's certainly a bit of hope,' says economist on interest rate hike
Chief economist at Scotiabank, Jean-Francois Perrault, reacts to the Bank of Canada raising its benchmark interest rate for the seventh time this year to 4.25 per cent, but signalling that rate hikes could end soon.
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Housing Market Outlook for 2023 After Prices Slow in September
Mark Fleming, the chief economist at First American joined Cheddar News to discuss the outlook on the 2023 housing market.
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What is a recession? Is Europe already in one? It's not that easy to tell
Russia's war in Ukraine and the global energy crisis have drastically worsened Europe's economic outlook.
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Bank of Canada raises key lending rate to 4.25%
The Bank of Canada raised its benchmark interest rate by 50 basis points, to 4.25 per cent, but signalled it would pause and consider 'whether the policy interest rate needs to rise further.'
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Steps to Take Today to Avoid a Recession Tomorrow
Vicki Gunvalson, president and founder of Coto Insurance & Financial Services and spokesperson for Debt.com, joined Cheddar News to give recession advice.
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What a Divided Congress Means for Policies
Mark Avallone, founder and president of Potomac Wealth Advisors, joined Cheddar News to discuss what a divided Congress means for policy response, the economy and markets along with Medicare and tech regulation.
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Autumn statement: Hunt strives to play up UK's performance as he sets out austere budget
The UK finance minister said Britain was holding up against "unprecedented global headwinds" as he outlined a severe package of cuts and tax rises.
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Gdp Figures Disappointing But Not Unexpected Jeremy Hunt Says
Jeremy Hunt on the latest GDP figures.
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UK to be first G7 nation to fall into recession and last to get out - economists
UK to be first G7 nation to fall into recession and last to get out - economists
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Highest rise in UK interest rates since 1989 despite 'looming long recession'
UK finance minister Jeremy Hunt said Thursday's 0.75% hike by the Bank of England would be "very tough" for families with mortgages and businesses with loans.
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Party leaders, MPs react to Fall Economic Statement
NDP Leader Jagmeet Singh, interim Green Party leader Amita Kuttner, Opposition Leader Pierre Poilievre and Bloc Québécois MP Gabriel Ste-Marie offer their takes on the mini-budget.
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Canada’s fall economic update highlights shrinking national deficit
Finance Minister and Deputy Prime Minister Chrystia Freeland unveiled Ottawa's fall economic statement, highlighting a shrinking national deficit and a projected surplus by 2027.