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  2. Canadian economic crisis (2022–present) - Wikipedia

    en.wikipedia.org/wiki/Canadian_economic_crisis...

    In August 2023, Canada's inflation rate reached four percent, primarily driven by increased gas prices. [35] Food inflation rates reached 8.5 percent. [36] In November 2024, Canada's annual inflation rate rose to 2.0% in October, exceeding analyst expectations and marking the first increase since May 2024. [37]

  3. Canada's inflation rate ticks down to 1.9% in November - AOL

    www.aol.com/canadas-inflation-rate-ticks-down...

    OTTAWA (Reuters) -Canada's annual inflation rate unexpectedly dropped by a tick to 1.9% in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a ...

  4. Canadian dollar posts third straight monthly decline as ...

    www.aol.com/canada-fx-debt-canadian-dollar...

    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.

  5. Trudeau in peril after spat over Trump threat sparks crisis - AOL

    www.aol.com/canadas-trudeau-brink-chaotic-day...

    Economists say the tariffs could have a devastating effect on Canada's economy. In her letter, Freeland accused Trudeau of choosing "costly political gimmicks" over addressing the threat posed by ...

  6. Economy of Canada - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Canada

    The oil and gas industry represents 27% of Canada's total greenhouse gas emissions, an increase of 84% since 1990, mostly due to the development of the oil sands. [135] Historically, an important issue in Canadian politics is the interplay between the oil and energy industry in Western Canada and the industrial heartland of Southern Ontario.

  7. 2021–2023 inflation surge - Wikipedia

    en.wikipedia.org/wiki/2021–2023_inflation_surge

    The effect of sanctions on the Russian economy caused annual inflation in Russia to rise to 17.89%, its highest since 2002. [119] Weekly inflation hit a high of 0.99% in the week of April 8, bringing YTD inflation in Russia to 10.83%, compared to 2.72% in the same period of 2021.

  8. Powell says taking 'longer than expected' for inflation to ...

    www.aol.com/finance/powell-says-taking-longer...

    The year-over-year change in the so-called core CPI — which excludes volatile food and energy prices — was 3.8%, the same level as it was in February but a tenth of a percent higher than expected.

  9. Canadian property bubble - Wikipedia

    en.wikipedia.org/wiki/Canadian_property_bubble

    In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4] Bloomberg Economics ranked Canada as the second largest housing bubble across the OECD in 2019 [5] and 2021 ...