TORONTO – The C.D. Howe Institute’s Business Cycle Council says Canada has entered a recession due to the economic devastation caused by the COVID-19 pandemic. In a report released Friday, the council said the economy peaked in February before the…
OTTAWA – Former Bank of Canada governor David Dodge says the world economy might be better off if policy-makers bumped interest rates a little bit higher. In prepared remarks for a speech today, Dodge says boosting borrowing costs would help…