recession

Japan’s benchmark Nikkei 225 index soared more than 10% on Tuesday, rebounding after a rollercoaster start to the week that sent markets tumbling in Europe and on Wall Street. European markets were mostly lower, with Germany’s DAX down 0.4% at 17,277.27 and the CAC 40 in Paris 0.7% lower, at 7,098.89. In London, the FTSE […]

The Bank of Canada is raising its key interest rate by a quarter of a percentage point and says it expects this to be the last rate hike of the cycle. Today’s interest rate increase marks the eighth consecutive rate hike since March as the central bank fights off decades-high inflation. Its key interest rate […]

  A cattle and hogs market update from Farm Credit Canada has some positive news for producers. FCC chief agriculture economist, J.P. Gervais, says there is strength in cattle and hog prices but some concerns about the long-term outlook. He says limited supply and good demand reflect relatively strong hog and cattle prices this fall. […]

Finance Minister Donna Harpauer is expected to announce a provincial deficit of $1-billion on Friday, thanks to COVID-19. Harpauer says a decline in oil, PST and corporate taxes are all at play. She added it could take years to recover from this deficit, as the province will be challenged to find solutions to get back […]