Search results
Results from the WOW.Com Content Network
Canada's economy grew at an annualized rate of 1% in the third quarter, undershooting the Bank of Canada's forecast of 1.5%, after growing 2.2% in the prior quarter.
An unimpressed Alberta premier, Danielle Smith, one of Trudeau's biggest domestic critics, said the provincial leaders had only learned halfway through their call that the point person on Canada-U ...
The COVID-19 pandemic had a deep impact on the Canadian economy, leading it into a recession. The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976. [1]
OTTAWA (Reuters) -The abrupt resignation of Canada's finance minister leaves the government adrift less than a month before the inauguration of a new U.S. administration that could impose ...
The economy of Canada is a highly developed mixed economy, [33] [34] [35] with the world's ninth-largest economy as of 2024, and a nominal GDP of approximately US$2.117 trillion. [6] Canada is one of the world's largest trading nations , with a highly globalized economy. [ 36 ]
Existing federal social security programs were modified to provide additional financial support to their recipients. Canada Child Benefit payments were given a one-time increase of $300 per child, [3] the Goods and Services Tax (GST) credit for the 2019 tax year was doubled, [4] and personal income tax deadlines for 2019 were extended.
CPKC said it remains committed to avoiding a work stoppage that would damage Canada's economy and international reputation. “However we must take responsible and prudent steps to prepare for a ...
List of Recessions in Canada [2] Name Start End The Great Depression: April 1929 February 1933 Recession of 1937–1938: November 1937 June 1938 [3] Recession of 1949: August 1947 March 1948 Recession of 1951: April 1951 December 1951 Recession of 1953: July 1953 July 1954 Recession of 1958: March 1957 January 1958 Recession of 1960–1961 ...