By Rosa Saba The Canadian Press Posted September 30, 2022 1:56 pm Smaller font Descrease article font size –A Larger font Increase article font size A+ Equifax Inc. says new business openings in the second quarter of 2022 were down almost 50 per cent compared to a year ago. New business openings were also down […]

A tight labour market and elevated savings during the pandemic will cushion the impact of a recession on Canadians, says a new report from Deloitte. Deloitte’s most recent economic outlook report forecasts Canada will enter a short-lived recession by the end of the year. The report says while rising interest rates will cause a significant […]

Many Canadians worried about a looming recession will be standing on the sidelines of the housing market this fall, according to new polling prepared for Re/Max Canada. The real estate brokerage released the polling alongside its fall housing market outlook on Wednesday, which forecast a continued cooling in both prices and sales activity for most […]

Under ordinary circumstances, the pharma industry would look like a bad place to park your money right now.  The government is working to suppress drug prices through a recently signed law, and the industry is staring at a patent cliff worth more than $200 billion later this decade, as blockbuster drugs face competition from generics. […]

In the face of a potential recession, Thornburg’s Brian McMahon is targeting robust companies. To build a steady flow of income, he’s focusing on firms with high dividends and cash generation. McMahon shared 9 stocks that are both recession-resistant and can boost income streams. In the latest move in the ongoing and high-stakes fight against […]

The entire global economy is bracing for a growth shock. The Federal Reserve has made it clear that Americans should expect a housing correction, higher unemployment, and maybe even a recession as it raises interest rates to cool inflation. Despite this clear warning, Wall Street is still delusionally optimistic about how the stock market will […]

Europe will suffer an even deeper recession than Deutsche Bank predicted, its strategists said. Russia’s indefinite shut-off of a key natural gas pipeline has intensified Europe’s energy crisis. That bodes ill for Europe’s economy, and a very cold winter will make things worse, they said. Loading Something is loading. The recession facing Europe will be […]

The stock market is almost always late to wake up to the threat of recession, but it’s increasingly hard to miss the warnings from the Federal Reserve. Not only might there be a recession, but the Fed has no intention of stepping in to save investors this time. The problem is one I’ve been banging […]

Greg Jensen warned the Fed’s rate hikes could spark a market downturn and a deep recession. The Bridgewater Associates boss predicted stubborn inflation, slower growth, and weaker earnings. Jensen said the US is at the center of a global financial bubble that may be about to burst. Loading Something is loading. Investors are delusional if […]

With high inflation and recession fears looming, many may have to assess and change their financial goals. Keep yourself marketable and connected so if you have to find a new job, you are ready. Now is the time to really start saving money and shopping around and taking advantage of sales.  Given the current uncertainty […]