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Canada in a technical recession as economy stalls, StatCan says

May 29, 2026 7:45 am PST.
According to the latest GDP report, Canada has slipped into a technical recession as the economy stalls, Statistics Canada says.

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The latest updates and breaking news, now available around the clock. Check back in with us at any time to find out what's happening, and always be the first to know. CityNews, Everywhere.

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4:33
PM Carney joins G7 Summit in France, 'welcomes' U.S.-Iran peace deal

Ahead of arriving for the summit in Evian-les-Bains, France, Prime Minister Mark Carney stopped in Geneva, Switzerland, and commented on the U.S.-Iran deal. He said he welcomes the agreement but that the G7 meeting needs to address protection for key industries that were affected by the conflict. Glen McGregor has the latest.

49m ago

4:56
When will gas prices drop with tentative Iran peace deal in place?

The U.S. and Iran have reached a tentative deal to end the war and reopen the Strait or Hormuz. Senior Business Analyst Mike Eppel looks at how rapidly oil prices are falling, and when drivers might start seeing savings at the pumps.

1h ago

2:06
Fatal hit-and-run victim's loved ones plead for information: 'How do you sleep?'

A portrait of a mother of three overlooks the stretch of Fraser Highway where she lost her life in a hit-and-run. As loved ones work through their grief, they hope the memorial can encourage those responsible to turn themselves in. Jack Rabb reports.

1h ago

2:22
Hitchhiking for cancer research

A New Brunswick man is heading home after 26 days on the road. He has just finished hitchhiking across Canada to raise money for cancer research, following Terry Fox's route as closely as Canada. Angelina Ravelli has more.

1h ago

Live Streaming 24/7

Live now
CityNews Vancouver - 24/7 Livestream

The latest updates and breaking news, now available around the clock. Check back in with us at any time to find out what's happening, and always be the first to know. CityNews, Everywhere.

Latest Videos

4:33
PM Carney joins G7 Summit in France, 'welcomes' U.S.-Iran peace deal

Ahead of arriving for the summit in Evian-les-Bains, France, Prime Minister Mark Carney stopped in Geneva, Switzerland, and commented on the U.S.-Iran deal. He said he welcomes the agreement but that the G7 meeting needs to address protection for key industries that were affected by the conflict. Glen McGregor has the latest.

49m ago

4:56
When will gas prices drop with tentative Iran peace deal in place?

The U.S. and Iran have reached a tentative deal to end the war and reopen the Strait or Hormuz. Senior Business Analyst Mike Eppel looks at how rapidly oil prices are falling, and when drivers might start seeing savings at the pumps.

1h ago

2:06
Fatal hit-and-run victim's loved ones plead for information: 'How do you sleep?'

A portrait of a mother of three overlooks the stretch of Fraser Highway where she lost her life in a hit-and-run. As loved ones work through their grief, they hope the memorial can encourage those responsible to turn themselves in. Jack Rabb reports.

1h ago

2:22
Hitchhiking for cancer research

A New Brunswick man is heading home after 26 days on the road. He has just finished hitchhiking across Canada to raise money for cancer research, following Terry Fox's route as closely as Canada. Angelina Ravelli has more.

1h ago

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British armed forces intercept sanctioned Russian oil tanker in the English Channel

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