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.
Woman Stabbed, Life Threatening Injuries
Two women were hurt, and Fort Erie man arrested, after morning standoff with police at a George Road address
Armed Robbery Suspect Wanted: NRP
Police say a Fort Erie store was held up
Human Trafficking Arrest Leads to Facebook
Call police if you bought items via Marketplace at a Niagara Falls house
Victims of Cold Weather to be Remembered
A vigil will be held next week at Niagara Regional headquarters
NRP to Hear of Downtown Crime
Police to address St. Catharines city council about concerns it has heard from business owners and residents
Public National Sex Offender Registry Wanted
Niagara Falls MP Fred Davies has started a petition
Wedding Arrested
Police say Ryan Wedding's international drug ring was wanted for murders in Ontario, including Niagara Falls
'The Bully of Weather is Here': Meteorologist
Environment Canada says this winter weather isn't leaving