Alberta recession to be worst in Canada this year
Alberta’s economy to contract by 7.0 per cent this year, the biggest decline in the country, while Canada’s economy will fall by 6.0 per cent
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Canada heading for a significant recession
RBC Economics forecasts a 2.5% decline in GDP this year and an 18% drop in the second quarter as a result of the coronavirus
TD report forecasts Alberta recession for 2020
The province’s GDP will contract by 1.1 per cent this year following slight growth of 0.4 per cent in 2019. And it will grow by 1.9 per cent in 2021
Canada on the brink of a recession: Report
Economic growth will contract by a projected 2.7% in the second quarter of this year and overall growth of just 0.3% in 2020 is expected
Federal government jumps to help in economic crisis
$10 billion credit facility available for Canadian businesses as coronavirus and plunging oil prices wreak havoc on economy
Forecast indicates Alberta headed for recession in 2020
RBC report says recession in Alberta and Saskatchewan fuelled by sharply dropping oil prices and impacts of coronavirus outbreak
Albertans overwhelming feel economy is in a recession
A survey by Pollara Strategic Insights found that 73 per cent of Albertans feel the economy is in a recession and only 19 per cent feel it is growing
Fraser: Infrastructure stimulus spending a waste
Infrastructure projects have very long timelines and by the time shovels hit the ground the recession is usually over and recovery has begun, think tank argues
