Bank of Canada governor Tiff Macklem says that based on the data he’s seen to date, this country’s economy is weak, but “it is not clearly in recession.” ...

Prime Minister Mark Carney acknowledged 'some weakness' in the economy after recent GDP data showed Canada was in a technical recession.

Canada’s economy has slipped into a politically charged slowdown at the worst possible moment: just as businesses are trying to plan around U.S. tariff threats, shifting trade rules, and a more ...

Canada’s economic warning lights are flashing at a politically dangerous moment. Fresh GDP figures have pushed the country into recession territory by a benchmark some economists use, giving ...

OTTAWA--Despite two straight quarters of economic contractions, conditions in Canada have yet to meet the thresholds to declare a recession, says a Toronto think tank. The C.D. Howe's Business-Cycle ...

OTTAWA, May 29 (Reuters) - Canada's economy posted a surprise contraction in the first quarter versus the year before, making it two straight ‌quarters of annualized decline - which some economists ...

OTTAWA--Canada's economy is struggling. But let's not call it a recession, economists say. The recession chatter in Canada shifted into high gear after Friday's data indicating Canada's gross domestic ...

Canada has slipped into a technical recession for the first time since the pandemic, after Statistics Canada reported on Friday that the economy contracted for a second consecutive quarter, a result ...

OTTAWA--The Bank of Canada's No. 2 official dismissed talk of recession in Canada after two straight quarters of economic contraction. The consecutive quarters of negative growth meet only one ...

Canada just gave investors a warning shot. The economy slipped into a technical recession after gross domestic product fell at an annualized pace of 0.1% in the first quarter of 2026, following a ...