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What this week's big bank earnings say about the state of Canada's economy ahead of a possible recession

The Q4 2022 earnings reports from Canada's big banks are showing signs that the Canadian economy is slowing down ahead of a potential recession, with some signs of optimism.

Bank towers are shown from Bay Street in Toronto's financial district, on Wednesday, June 16, 2010. THE CANADIAN PRESS/Adrien Veczan

U.S. to dismiss charges against Huawei's Meng Wanzhou

U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China's Huawei Technologies whose 2018 arrest strained relations between the U.S. and China.

Canada's unemployment rate declined slightly to 5.1 per cent, wages grow again

The unemployment rate in Canada declined slightly to 5.1 per cent in November, according to new data released by Statistics Canada Friday.

W5 EXCLUSIVE

W5 EXCLUSIVE | Pivot Airlines crew back in Canada after being trapped in Dominican Republic since spring

The five-member Pivot Airlines crew, who had been detained in the Dominican Republic for almost eight months, is now back in Canada. An emotional airport reunion took place in a special pre-arrivals area of Toronto Pearson International Airport, as the two flight attendants, pilot, co-pilot and mechanic were greeted by family.