Masked home invaders recently opened fire in King Township, adding to the ongoing violence in the area. The incident was captured on video footage, highlighting the dangerous situation faced by residents. Authorities are working to address the escalating violence and ensure the safety of the community.
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What is a 'modest recession' and why might Ontario be facing one?
Ontario's Financial Accountability Office (FAO) predicts a "modest recession" in 2025 if U.S. tariffs on steel, aluminum, and automobiles remain, forecasting real GDP growth to drop to 0.6% compared to 1.7% without those tariffs. FAO Chief Economist Paul Lewis explains that a modest recession is defined as two consecutive quarters of negative growth, and while Ontario's economy represents a significant portion of Canada’s, its recession may not align with national trends. The report emphasizes that...
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