recession

11:48AM
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Don’t shoot the financial-market messenger

Financial markets are responding to an induced recession.


10:57AM
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Ford government should exercise prudence in these volatile times

Ontario's net debt is set to hit $354 billion this year.


9:55AM
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More bad news for federal finances—even worse if recession hits

The deficit is now pegged at $26.6 billion for 2019/20—$6.8 billion more than originally planned in last spring's budget.


8:15AM
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Trudeau government spending has increased risk of trouble if recession hits

If the conditions of the 2008-09 recession were repeated, the annual deficit would skyrocket to $120.5 billion.


10:55AM
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Ontario spends about nine per cent of all revenue on government debt-service payments.


1:52PM
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The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.


10:28AM
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The higher-than-expected inflation of the late-1980s was one reason the bank switched to inflation targeting.


9:39AM
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Contrary to what the finance minister says, federal finances are vulnerable

According to recent estimates, the government won’t achieve a balanced budget until 2045.