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Money laundering in Canada is a problem described by professionals in 2019 as a "national crisis," and which has attracted international attention. [1] As of July 2022, a public inquiry is currently being held to gauge the extent of the problem.
Despite Canada's long-term shift towards proportionally more trade with the United States, Canada–British trade has continued to grow in absolute numbers. Britain is by far Canada's most important commercial partner in Europe and, from a global perspective, ranks third, after the United States and China .
Smart Systems for Health / eHealth Ontario: Electronic health record: Ontario, Canada: Provincial government eHealth Ontario is a group of projects that replaced a previous failed project, Smart Systems for Health, which "spent $650 million but failed to produce anything of lasting value." However, in 2009 the CEO of the eHealth Ontario agency ...
By 2008, Canada's poverty rate was among the highest of Organisation for Economic Co-operation and Development (OECD) member nations—the wealthiest countries in the world. [6] The number of people living below the official poverty line decreased substantially from 14.5% in 2015 to 10.1% in 2019, [7] and 6.4% in 2020. [4]
The Toronto-Dominion Centre in Toronto. The economy of Ontario is diversified.Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1] [2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3]
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According to the Salvation Army's "Canada Speaks" Exposing Persistent Myths About the 150,000 Canadians Living on the Streets report 6% of Ontarians are or have been homeless. [6] Many aboriginal communities in Ontario such as Attawapiskat, Pikangikum, Constance Lake, Eabametoong and Kashechewan have been compared to the world's poorest. They ...
The number of fake Canadian bills rose as high as 117 PPM by 1997. In 2004 Canada's counterfeit rate had ballooned to 470 PPM. In 2012, the counterfeiting rate had fallen to its lowest point, at 28 PPM. It has since started modestly rising to 36 PPM in 2014. The Bank of Canada's medium-term planning target is to stay below 30 PPM. [8]