Timothy Sumer

Canada's annual inflation rate rose to 3.3 per cent in July, but one economics professor says last month's lower inflation number was likely an "illusion," and warns that the country may be about to enter a recession. Subscribe to CTV News to watch more videos: Connect with CTV News: For the latest news visit: For a full video offering visit the CTV News Network: CTV News on Facebook: CTV News on TikTok: CTV News on Twitter: CTV News on Instagram: CTV News on Reddit: --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Expert: Canada likely entering a recession, or already in one The COVID-19 pandemic has caused havoc on economies around the wo

Financial expects are warning Canada will see a recession in 2023, but Desjardins chief economist Jimmy Jean says it's expected to be mild. Subscribe to CTV News to watch more videos: Connect with CTV News: For the latest news visit: For a full video offering visit the CTV News Network: CTV News on Facebook: CTV News on TikTok: CTV News on Twitter: CTV News on Instagram: CTV News on Reddit: --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Canada has been enjoying a steady economic growth in the past few years. However, there have been talks of a possible recession in the near future. A recession is defined as a period of economic decline where there is a signifi

Feb. 3, 2023 | The federal government scraps controversial amendments from its firearms bill. Surveillance in a Chinese spy balloon floating over the U.S. has been neutralized, Pentagon officials say. Plus, why the future is bright for hockey star Connor Bedard. Watch The National live on YouTube Sunday-Friday at 9 p.m. ET 00:00 The National, Feb 3, 2023 00:51 Liberals drop proposed gun legislation amendments 03:59 Medicago closure raises concerns about Cdn. vaccine production 06:03 Robert G. Miller steps down as CEO of Future Electronics 06:57 U.S. tracking suspected Chinese surveillance balloon 09:22 Polar vortex hits multiple provinces 11:34 Toronto police identify suspect in deadly random attack 12:06 Synthetic materials causing house fires to burn faster 14:51 Converting office space into rental housing 17:39 LGBTQ advocates call for more inclusive senior housing 20:37 P.E.I. preps for Canada Winter Games 22:51 11-year-old joins U20 hockey team at Arctic Winter Gam

As Parliament returns in Ottawa, Canadian Prime Minister Justin Trudeau attended the first question period of the year, where he was pressed on his plan to tackle the cost of living, federal health spending, crime, and controversial contracts. Conservative Leader Pierre Poilievre kicked off the session by questioning Trudeau about the contracts awarded to consulting firm McKinsey under the Liberals, which has been assessed at $101.4 million, according to a statement from Public Services and Procurement Canada. In addition, citing the recent spike in violence on the TTC, Conservative MP Melissa Lantsman called on the public minister of safety and the Canadian government to reform its "weak" bail system that leaves "repeat violent offenders out on our streets." Also, NDP leader Jagmeet Singh called out Trudeau for praising Ontario Premier Doug Ford's plan to bring in more private health care as "innovative" when he supposedly criticized the