CTV News Channel
Declining international energy exports and a soft housing market have contributed toward uneven growth in Atlantic Canada in early 2015.
The world's financial leaders see a number of threats facing a global economy still on an uneven road to recovery with U.S. and European officials worrying that Greece will default on its debt.
Standard & Poor's rating agency on Monday downgraded Russia's credit grade by one notch to junk status, citing a weakened economic outlook.
The International Monetary Fund issued a warning Wednesday that a hot housing market and mounting household debt represent key domestic risks to Canada's economic growth.
A prominent U.S. political economist says Canada is moving toward American-style inequality, and believes austerity economics and tax cuts for corporations are making the problem worse.
World financial leaders on Saturday promised "bold and ambitious" action to boost a global recovery that has shown recent disturbing signs of weakness.
Finance ministers from the world's largest economies say they are determined to prevent a slide into another global recession.
Canada's struggling economy still needs the extra boost of monetary stimulus to help keep the recovery on track, and it might take longer than expected to get there, Bank of Canada senior deputy governor Carolyn Wilkins said Monday.
In a survey of 48,643 people in 44 countries out Tuesday, the Pew Research Center found that 60 per cent say their own country's economy is performing poorly.
Exports and business investment should accelerate over the next couple of years, helping to ensure sustainable growth in the Canadian economy, according to a new report from CIBC World Markets.
Finance Minister Joe Oliver says developments in the Ukraine and Iraq are endangering the global financial and economic recovery, particularly in still fragile Europe.