Search results
Results from the WOW.Com Content Network
The Canada Student Service Grant (CSSG; French: Bourse canadienne pour le bénévolat étudiants) was a proposed program to provide paid service opportunities for young adults (ages 30 and under) to assist with charities and non-profit organizations. Participation would be limited to recent post-secondary graduates (December 2019 or later) or ...
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]
The IMF notes that Canada's general government holds sizeable financial assets, including securities, loans and equity holdings. These rose sharply during the COVID-19 pandemic (to 81% of GDP in 2021 from 64% in 2019), spurred by support measures such as loans to businesses and tax deferrals (accounts receivable).
The Ford government subsequently ran a budget deficit of $8.7 billion during the 2019-2020 fiscal year. [25] Due to record spending during the COVID-19 pandemic, the Ontario government's budget for 2020-2021 is set for $38.5 billion, setting a new record and plotting no path to balance. [26]
The Canadian COVID-19 Supply Council (CCSC) is an effort of the Government of Canada to advise it "on the procurement of critical goods and services required as part of Canada's response to and recovery from the COVID-19 pandemic."
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The Bank of Canada is the sole issuing authority of Canadian banknotes, [7] [8] provides banking services and money management for the government, and loans money to Canadian financial institutions. [ 9 ] [ 10 ] The contract to produce the banknotes has been held by the Canadian Bank Note Company since 1935.
The Trump administration replaced Christi Grimm as Inspector General of the Department of Health and Human Services after she produced a report documenting severe shortages of medical supplies in U.S. hospitals as COVID-19 cases increased, which contradicted President Trump's claims that hospitals had what they needed. [161]