Global Horizons Mohy-Dean Tabbara Security, Trade and the Economy

Understanding Canada’s Recession: A Tale of Foreign Rivalry

O n July 15, 2015, the Bank of Canada dropped interest rates to a mere 0.5 percent, further decreasing the value of the Canadian dollar, allowing it to reach 2009 levels- the last time the country was in recession. Officials have steered clear from employing the ‘R-word’, but pessimistic predictions for this year’s GDP growth Read More…