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Canada headed for 'severe' and 'inevitable' recession in 2023: economist

Canada is headed for a 'severe' and 'almost inevitable' recession in early 2023, according to the head of economics at Macquarie Group, which states Canada will face an approximately three per cent contraction in gross domestic product and a five per cent rise in its unemployment rate during the predicted recession.

The Bank of Canada is shown in Ottawa on Tuesday, July 12, 2022. (THE CANADIAN PRESS/Sean Kilpatrick)

Inside CTV News Saskatoon

Sask. 93-year-old golfer going strong

WATCH: A 93-year-old golfer is still enjoying participating in the province’s fitness association 55-plus games.

WATCH: A 93-year-old golfer is still enjoying participating in the province’s fitness association 55-plus games.

CTV News Prince Albert

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CTV Morning Live

Furry fashion show with Pet Valu

WATCH: We're getting a look at some great fashion for dogs - including Halloween costumes!

WATCH: We're getting a look at some great fashion for dogs - including Halloween costumes!

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Indigenous Circle

Indigenous Circle: Oct. 2

WATCH: Nelson Bird brings you this week’s edition of Indigenous Circle.

WATCH: Nelson Bird brings you this week’s edition of Indigenous Circle.

Wheatland Cafe

Tomato Salsa

WATCH: CJ Katz demonstrates a couple of ways to make tomato salsa in this week's edition of the Wheatland Café.

WATCH: CJ Katz demonstrates a couple of ways to make tomato salsa in this week's edition of the Wheatland Café.

Crime Stoppers

Crime Stoppers: July 11

WATCH: Here's this week's message from Saskatoon Crime Stoppers.

WATCH: Here's this week's message from Saskatoon Crime Stoppers.

Political Roundup

Political Round-Up: Aug. 5, 2022

WATCH: Jim Farney talks about how the province is handling allegations of abuse at a Saskatoon school.

WATCH: Jim Farney talks about how the province is handling allegations of abuse at a Saskatoon school.

CTVNews.ca Top Stories

Ukrainian troops claim gains in Russia-annexed region

Ukrainian troops pushed forward Monday with their offensive that has embarrassed Moscow, with Kyiv officials and foreign observers hinting at new gains in the strategic southern region of Kherson that the Kremlin wants to annex.

Assessed control of terrain in Ukraine as of 1:30 p.m. ET on Oct. 3, 2022 (Map by CTV News's Jasna Baric / Information from Institute for the Study of War and Critical Threats)