Canada now in a recession: C.D. Howe council

May 1, 2020 THE CANADIAN PRESS

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…

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Higher interest rates could help global economy: ex Bank of Canada boss

December 2, 2016 Andy Blatchford - THE CANADIAN PRESS

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…