Projection for economic growth downgraded to 1% for 2023
The provincial budget forecasts years of deficits, but spends big on health, housing, families
The province's budget contains a plan for legislated balanced budgets
Conference Board expects oil-producing provinces to post strongest growth
The tech sector is driving the increase
Foreign investor interest in domestic bonds comes as the Bank of Canada is shedding its bond holdings
Obstacles remain, but companies were less worried in early 2023
A third of economists expect a recession to begin in the April-June quarter
Unlike past episodes, strong recovery not likely to reignite world economy, Fitch says
Increases in bankruptcy and debt restructurings reflect rising pressures, alongside normalizing numbers, TD reports