Will Canada avoid a recession? Here’s what economists say

Global NewsTuesday, September 23, 2025 at 5:13:19 PM
Will Canada avoid a recession? Here’s what economists say
Canada's economy faced a contraction in the second quarter, raising concerns about a potential recession. However, economists are optimistic about a rebound in the third quarter, suggesting that the economy may recover. This is significant as it impacts job growth and consumer confidence, which are crucial for the overall economic health of the country.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Canada commits $60M to Haiti, wants UN to back U.S. gang suppression plan
PositiveWorld Affairs
Canada has announced a significant commitment of $60 million to support Haiti, emphasizing the need for international backing for a U.S.-led gang suppression initiative. This move is crucial as Haiti faces escalating violence and instability, and Canada's financial support aims to bolster efforts to restore peace and security in the region. By advocating for a stronger UN presence, Canada is taking a proactive role in addressing the challenges Haiti is currently facing.
‘Trade is under attack,’ Macklem says. Here’s what he urges Canada must do
NegativeWorld Affairs
Tiff Macklem has highlighted the challenges Canada faces due to the ongoing trade war initiated by U.S. President Donald Trump. He emphasizes the need for Canada to adopt specific policy measures to navigate these turbulent economic waters. This is crucial as trade relations significantly impact Canada's economy and its ability to compete globally.
Canada Needs to Chart New Economic Course, Bank of Canada’s Tiff Macklem Says
NeutralWorld Affairs
Tiff Macklem, the Governor of the Bank of Canada, emphasizes the need for Canada to navigate the challenges posed by a protectionist U.S. trade policy. He suggests that the country must either adapt to the economic impacts or pursue reforms and infrastructure development to enhance living standards. This discussion is crucial as it highlights the importance of proactive economic strategies in the face of external pressures.
England will not ‘dwell’ on 2022 defeat before World Cup final against Canada
PositiveWorld Affairs
England's women's rugby team, the Red Roses, is gearing up for the World Cup final against Canada, focusing on the future rather than their past defeat in 2022. Coach Atkin-Davies emphasizes the team's readiness and determination, which is crucial as they prepare to play in front of a sold-out Twickenham, expected to break attendance records. This match is significant not only for the team's redemption but also for the growth of women's rugby, showcasing the sport's increasing popularity and the support it garners.
Could Trump’s new H-1B visa fees push highly skilled workers to Canada?
PositiveWorld Affairs
Trump's new fees on H-1B visa applications might inadvertently boost Canada's economy by encouraging highly skilled foreign workers to seek opportunities north of the border. This shift could lead to a talent influx in Canada, enhancing its workforce and innovation landscape, which is significant for both countries as they navigate the global job market.
A Day To Listen 2025
PositiveWorld Affairs
On September 30, the Gord Downie & Chanie Wenjack Fund is partnering with major media outlets across Canada for A Day To Listen, marking the National Day for Truth and Reconciliation. This year's theme, 'The Path Here, The Path Ahead,' emphasizes the importance of acknowledging the past while looking forward to a more inclusive future. This initiative not only honors the legacy of Gord Downie but also fosters dialogue and understanding about Indigenous issues, making it a significant event for all Canadians.
Palestinian statehood condemned by Israeli officials brings a 'glimmer of hope' for some Palestinians
PositiveWorld Affairs
The recent recognition of Palestinian statehood by several European countries has sparked a wave of optimism among Palestinians and supporters in the Arab and Muslim worlds. While Israeli officials, including Prime Minister Benjamin Netanyahu, condemned the move, claiming it rewards terrorism, many see this development as a significant step towards achieving long-sought recognition and rights. This moment could potentially reshape the dynamics of the Israeli-Palestinian conflict and bring renewed attention to the quest for peace in the region.
Canada adds Palestinian state to Israel travel advisory after recognition
NeutralWorld Affairs
Canada has updated its travel advisory to include 'Israel and Palestine,' reflecting a significant shift in how the region is recognized. This change is important as it acknowledges the Palestinian state, which could influence travel decisions and perceptions about the area. By officially recognizing both entities in its advisory, Canada aims to provide clearer guidance for travelers, highlighting the complexities of the region.
France recognizes Palestinian state
PositiveWorld Affairs
France has officially recognized the Palestinian state, following similar moves by the UK, Canada, Australia, and Portugal. This decision is significant as it reflects a growing international support for Palestinian sovereignty and could influence future diplomatic relations in the region. By taking this step, France aims to promote peace and stability, highlighting the importance of addressing the Palestinian issue in global discussions.
France officially recognises Palestinian state at UN General Assembly
PositiveWorld Affairs
France's official recognition of Palestine as a state at the UN General Assembly is a significant diplomatic shift that aligns with recent acknowledgments from other countries like the UK and Canada. This move not only highlights France's commitment to supporting Palestinian statehood but also reflects a growing international consensus on the issue, which could influence future negotiations and peace efforts in the region.
‘Recognition alone is not enough’: What must happen next for Palestinian statehood
NeutralWorld Affairs
The recent recognition of Palestine by several Western capitals marks a significant diplomatic shift, but former Palestinian ambassadors emphasize that this acknowledgment alone is insufficient for achieving true statehood. They argue that tangible actions and support are necessary to translate recognition into meaningful progress for the Palestinian people. This discussion highlights the complexities of international diplomacy and the ongoing struggle for Palestinian rights, making it a crucial topic for global awareness and engagement.
Dollarama’s stock is surging. The cost of everything may be the reason
PositiveWorld Affairs
Dollarama's stock is experiencing a surge, and experts suggest that the rising grocery prices in Canada are driving consumers to seek out more affordable options at discount retailers. This trend highlights how economic factors can influence shopping behaviors, making Dollarama a potentially lucrative investment as more shoppers turn to budget-friendly alternatives.
Latest from World Affairs
Australia news live: Albanese and Trump meet for first time and share ‘good conversation’ at New York reception
PositiveWorld Affairs
In a significant diplomatic moment, Australian Prime Minister Anthony Albanese and former US President Donald Trump met for the first time at a reception in New York. Their conversation was described as 'good,' highlighting a positive interaction between the two leaders. This meeting is important as it reflects ongoing relations between Australia and the US, especially in the context of global politics and cooperation.
Zelenskyy tells UN Putin is ‘trying everything’ to prolong Ukraine war; Trump says Nato can shoot down Russian aircraft – live
NeutralWorld Affairs
In a recent address to the UN, Ukrainian President Volodymyr Zelenskyy urged China to reconsider its support for Russia, emphasizing that President Putin is doing everything possible to extend the conflict in Ukraine. Meanwhile, US President Donald Trump backed NATO's potential actions against Russian aircraft violating airspace, asserting that Ukraine can reclaim all territory lost since 2022. This dialogue highlights the ongoing international tensions surrounding the Ukraine war and the varying stances of global leaders, which could significantly impact future diplomatic efforts and military strategies.
Drones found flying over Danish and Norwegian airports
NegativeWorld Affairs
Mysterious drones have caused significant disruptions at major airports in Denmark and Norway, leading to their temporary closure. This incident raises concerns about security and potential threats, especially as suspicions point towards Russia amid escalating tensions with NATO. The situation highlights the increasing challenges authorities face in ensuring safety in air travel, making it a critical issue for both countries and their international relations.
‘A symbol of liberation’: how the One Piece manga flag became the symbol of Asia’s gen Z protest movement
PositiveWorld Affairs
The One Piece manga flag has emerged as a powerful symbol for Asia's Gen Z protest movement, representing resistance against corrupt governments. In Indonesia, it has been prominently displayed on homes and vehicles as a sign of discontent, particularly during recent protests against political privileges. This trend reflects a broader sentiment among young people across the region who are seeking change and accountability from their leaders, making the flag not just a pop culture icon but a rallying point for social justice.
Colombia’s Petro urges ‘criminal process’ against Trump for Venezuelan strikes
NegativeWorld Affairs
Colombia's President Gustavo Petro has called for a criminal process against former President Donald Trump during his speech at the UN General Assembly. He highlighted the tragic loss of young lives in US strikes targeting alleged drug trafficking boats off the Caribbean coast. This statement underscores the ongoing tensions between Colombia and the US regarding drug trafficking and military interventions, raising questions about accountability and the impact of such actions on vulnerable populations.
Typhoon bursts Taiwan lake as strongest storm barrels towards China
NegativeWorld Affairs
Typhoon Ragasa, the strongest storm of the year, has caused significant damage in Taiwan, bursting a lake and raising concerns as it heads towards China. This storm is notable not just for its strength but also for the potential impact it could have on communities in its path, highlighting the increasing severity of weather events due to climate change.