69 h. ago ‘Unmoored’ inflation expectations could be huge shock to global economy, warns BIS

Trade uncertainty and high sovereign debt levels also among risks highlighted in watchdog's report

Economics

8 d. ago Military bases or vital waterway?: Iran weighs response to U.S. strikes

Disrupting traffic through the narrow Strait of Hormuz would send energy prices soaring in a global inflationary shock

Events

1 week ago Russia ‘on the verge of going into a recession,’ economy minister warns

Russia media reported Economy Minister Maxim Reshetnikov delivered the warning at the St. Petersburg International Economic Forum, the annual event designed to court investors.

Politics

1 week ago Russia’s economy minister says the country is on the brink of recession

ST. PETERSBURG, Russia (AP) — Russia’s economy is “on the brink of going into a recession,” the country’s economy minister said Thursday, according to Russian media reports. Economy Minister Maxim Reshetnikov delivered the warning at the St. Petersburg International Economic Forum, the annual event in Russia’s second largest city designed to highlight the country’s economic […]

Politics

2 w. ago Opinion: Don’t panic: AESO data centre limits are a red herring

The Alberta Electric System Operator’s new 1,200-megawatt cap on large electricity loads understandably has some people warning that Alberta might “miss the AI economy.” That anxiety rests on an old assumption: that tomorrow’s AI infrastructure will sit in ever-bigger, grid-tied campuses. It did — five years ago. But today, the industry is running the other […]

Other

3 w. ago AI minister says focus is more on economic benefits, less on regulation

Canada's first ever AI minister, Evan Solomon, said Canada will move away from "over-indexing on warnings and regulation" to make sure the economy benefits from AI.

Politics

3 w. ago G7 summit expected to bring big economic boost to Calgary and some big headaches for residents

The upcoming G7 Summit is expected to inject millions of dollars into Alberta's economy, but residents are warned to prepare for some major inconveniences.

Politics

4 w. ago Canada's economy will be one of the most hurt by global downturn

A new report warns Canada of a grim future, predicting that our economy will be hit the hardest by a global economic slowdown.The Organization for Economic Co-operation and Development (OECD) released the first issue of its 2025 economic outlook, and the forecast didn't look so good for countries embroiled in a trade war with the United States.The economic outlook projects global growth slowing from 3.3 per cent in 2024 to 2.9 per cent in both 2025 and 2026.It notes that the slowdown is expected to be most pronounced in the U.S., Canada, Mexico and China.OECD slams Canada’s immigration policy: Record-high immigration is worsening housing, productivity & hiding a per capita recession, says new report. GDP is up — but Canadians are poorer. 👉 Low-skilled inflows 📷 Soaring housing costs 📷#cdnpoli #OECD pic.twitter.com/zWR3zQtgJE— ICC Immigration (@icc_immigration) June 3, 2025"The global outlook is becoming increasingly challenging," ...

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