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.
Welland CAO Optimistic for 2026
Jessica Ruddell is pleased with 2025 progress, but wants to build on that
Niagara Clinics Help Coughs, Colds
Niagara North Family Health Team says these are to help ease hospital ERs, meant for non emergencies
Clifton Hill Construction in January
The city says this is for Smart Pole installation for wireless services, lasting to the spring
Gas Prices to Hold Steady: Analyst
Prices have been seen as low as below a dollar in Niagara, and not expected to shoot up again until the spring or summer
NRP Using Warrant in Niagara Falls Area
They're asking everyone to avoid the area, but no risk to public safety
Part of Welland Canal Officially Named
This will happen in the spring at Port Dalhousie, for section of Canal that dates back roughly 200 years
Girl Assaulted in Break and Enter
Update: Suspect from Niagara Falls arrested, after assault in a home in Niagara on the Lake
Invest in Officer Well-Being: Former Chair
Former Chair of police services board says policing is significantly misunderstood by the public