Recession predicted for the first quarter of 2023.
The Canadian economy could be headed towards a recession early next year.
Experts from the Royal Bank of Canada say the country could be in a recession during the first quarter of 2023.
Economists Nathan Janzen and Claire Fan say housing markets have cooled sharply, and employment is down by 92,000 over the last four months.
The pair also predict interest rates will jump to four percent in Canada and 4 and a half percent in the US.
Man Hurt, Dog Shot, in Niagara Falls
Police were called about 3 aggressive dogs running around in traffic, chasing pedestrians, late this afternoon
St. Catharines Downtown Police Office Coming
NRP also acknowledged city for work it has done to address crime
Port Colborne Wetland Built Up
The city and federal government investing money in joint venture, in part to prevent flooding
Gas Prices to Drop Somewhat
Could be 10 cents by weeks end
Jim Bradley's Portrait Installed
This will happen Thursday afternoon just before council meeting, honouring the former Niagara Regional Chair
Police Respond to Fort Erie Weapon Call
Turns out a man had a pellet gun in his yard, police shut the area down for caution
Driver Had 3 Times Legal Limit
NRP say impaired driving led to head on crash between CRV and GO bus yesterday in St. Catharines, 18 passengers on the bus
Lengthy List of Niagara Falls Tourism Upgrades
Niagara Parks, and private investors, spending millions, including on FIFA World Cup