With Alberta in recession following a long slide in oil prices, Calgary's mayor says leaner times can spur economic creativity (canadianbusiness.com)
Monday's release, less extensive than the government's annual fall updates, comes amid numerous downgraded growth forecasts for Canada, which has been hit particularly hard by the steep slide in oil prices. (moneysense.ca)
Despite the pickup in job growth and overall output, the panel expects inflation will remain tame next year, in part because of the recent slide in oil prices. (entrepreneur.com)