News

IMF raises UK growth forecast as it warns on tax and spending
In its annual health-check for the UK economy, the IMF predicted growth of 1.2%, a marginal upgrade to its previous forecast.
Canada’s unemployment will go past 7% this year — but no recession: OECD
A new report from the OECD projects Canada's economy will lag behind other developed nations due mainly to the trade war, but narrowly avoid a recession.
Telus to invest over $50 billion in Canada over next five years
Telus is investing more than C$70 billion ($50.88 billion) in Canada over the next five years to expand its network ...
Scotiabank reports Q2 profit down from year ago, provisions for credit losses up
Cautious borrowers and a worsening economic outlook pushed Scotiabank earnings slightly down in the second quarter from last ...
Economic recovery 'underway' in Britain and set to speed up, says IMF in boost to Chancellor Rachel Reeves
“After a slowdown in the second half of 2024, an economic recovery is underway and is expected to gain momentum,” the IMF ...
Tariff tensions to drag down UK economy next year, says IMF
Economists at the IMF said global trade tensions are expected to wipe 0.3 percentage points off growth for 2026.
Investors Brace for Record Canadian Government Debt Issuance as Budget Delayed
The estimate comes to C$628 billion ($457.26 billion), according to Reuters calculations. That would exceed 2020-21 debt ...
David Sacks wonders if AI-powered robots could provide an answer to the US 'fiscal situation'
David Sacks suggested AI-powered robots could boost the US economy and the nation's fiscal outlook amid concerns over rising ...