Posts Tagged ‘recession’

Stephen Harper’s economics ‘have failed us miserably’

August 4, 2015

Short of a miracle, Canada’s economy will be in a recession once June’s economic numbers are reported.

Is Canada in a recession?

July 10, 2015

‘Recession-like’ migration from Quebec highest in over a decade

January 8, 2014

The number of people leaving Quebec for other provinces hit “recession-like” numbers in 2013, says the head of Montreal’s Canadian Institute for Identities and Migration.

Numbers revealed by the CIIM show that two quarters of 2013 — April to June and July to September — saw record-high net losses in interprovincial migration relative to the same periods since 2000. Totals for the first nine months of 2013 saw Quebec lose 28,439 residents to other Canadian provinces compared to the 18,540 people it gained.

Jack Jedwab, executive vice-president of the CIIM, said the last time Quebec saw a similar number of departures for other provinces during those two quarters was during the 2008 recession.

Jedwab said a similar experience in Canada’s Maritime provinces might suggest economic causes like a lack of job opportunities behind the departures.

“We need to take a hard look at what’s going on in the economy,” says Jedwab.