Etiket: recession
Billions in One-Time Aid to Protect Quebec from a Recession
The measures promised by the government of François Legault to fight inflation will cost the Quebec state $13.2 billion, which is preparing to face significant economic stagnation in 2023 –…
Quebec Economic Update | A check to seniors, a recession scenario
(Quebec) The dark clouds on the horizon force the Legault government to use the “r” word that it has been rejecting so far. It is preparing for the risk of…
Wall Street ends in disarray, the idea of a recession still worries
(New York) The New York Stock Exchange ended in disarray on Wednesday, on a wait-and-see market, before major deadlines next week, and still bothered by the prospect of a possible…
Another rate hike, with a recession in sight in Quebec
Expect another turn of the screw from banking institutions. Interest rates on mortgages, personal loans, business loans will go up further. The Bank of Canada (BoC) raised its key rate…
Wall Street ends lower | The specter of recession hangs
(New York) The New York Stock Exchange ended again sharply lower on Tuesday, anxious at the idea of a more marked deterioration than expected in the economy next year, against…
What if we defined a recession other than by GDP?
What if introducing new measures that take quality of life into account made it possible to better meet the environmental challenges we face? The reflection has begun. According to fall…
Western markets between optimism and fears of recession
(New York) World stock markets slowed Thursday after the jump recorded in the wake of the speech of the president of the American central bank the day before, while bond…
National Bank | A recession “is not inevitable”
The big boss of the National Bank believes that a recession is avoidable, although he believes it is possible to see the Canadian economy record more than one quarter of…
No strong recession in Quebec in 2023, according to the big boss of Desjardins
If an economic slowdown is inevitable in 2023, Quebec could well avoid the deep recession, estimates the big boss of Desjardins. “I remain optimistic for 2023,” said Guy Cormier, the…
Significant rent increases as a recession approaches
The pressure that tenants are already facing facing significant increases in their rent could worsen with the recession that hovers over Quebec, recognizes the Legault government, which promises to act…
Oil at lowest since January, weighed down by COVID-19 and recession fears
Oil prices fell to their lowest since the start of the year on Monday, weighed down by the prospect of sluggish demand, particularly after a death linked to COVID-19 in…
London unveils tight budget despite recession already underway
British Finance Minister Jeremy Hunt on Thursday unveiled a tough budget to fix Britain’s finances, with 55 billion pounds in savings and tax hikes, despite the country having already entered…
Russia enters recession, nine months after the start of the conflict
War in Ukraine: Russia enters recession, nine months after the start of the conflict Access to accessibility menu source site-25
What does it take to raise interest rates to produce a recession?
This text is taken from the Courrier de l’économie of November 14, 2022. To subscribe, click here. Interest rates are rising and will continue to rise until they trigger a…
Europe is set to enter recession at the end of the year
Europe will enter recession at the end of the year and suffer higher than expected inflation due to soaring energy prices linked to the war in Ukraine, Brussels warned on…
the European Union revises its forecasts upwards and anticipates a recession at the end of the year
The European Commission is now talking about inflation in the euro zone for 2023 at 6.1%, against only 4% expected so far. Article written by Published on 11/11/2022 12:29 Update…
the European Union revises its forecasts upwards and anticipates a recession at the end of the year
The European Commission is now talking about inflation in the euro zone for 2023 at 6.1%, against only 4% expected so far. Article written by Published on 11/11/2022 12:29 Update…
the European Union revises its forecasts upwards and anticipates a recession at the end of the year
The European Commission is now talking about inflation in the euro zone for 2023 at 6.1%, against only 4% expected so far. Article written by Published on 11/11/2022 12:29 Update…
Economic Update: A Balanced Fiscal Outlook Against Recession Risk Fund
The federal government has been telegraphing for weeks that Canada’s economic outlook has darkened. Ottawa’s economic update confirmed that the country’s economy is in “a period of anemic growth.” The…
The fear of a recession did not prevent Quebec consumers from opening their wallets
This text is taken from the Courrier de l’économie of October 31, 2022. To subscribe, click here. Quebecers are not insensitive to economic fluctuations. Only, when wages are up and…