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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)

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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.

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Ont. science table's final advice: Health-care reform needed

Dr. Danielle Martin discusses the final brief from Ontario's science table and the issues facing health-care in the province.

Dr. Danielle Martin discusses the final brief from Ontario's science table and the issues facing health-care in the province.