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The Wilson Center claimed that Canada's productivity challenges were exacerbated by various structural factors which included geographic and climate-related challenges due to the country's vast size and harsh climate conditions affecting transportation and infrastructure, widespread provincial regulations creating interprovincial trade barriers ...
US President Joe Biden arrives to speak about the Biden-Harris administration's progress in replacing lead pipes and creating well paying jobs in Milwaukee, Wisc., Oct. 8, 2024.
President Joe Biden came into office during both an economic crisis and a global health crisis. Such unprecedented times called for bold, sweeping action, and the Biden administration has made big...
The economy of Canada is a highly developed mixed economy, [33] [34] [35] the world's ninth-largest 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] In 2021, Canadian trade in goods and services reached $2.016 trillion. [37]
For comparison's sake, prices rose just under 7.8% during the four years of Donald Trump's presidency. Economists often note that the differences between inflation in the two eras are due to a ...
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]
If Democratic Party candidate Joe Biden wins the Nov. 3 U.S. presidential election, the implications could be considerable for Canada after four years living with the unpredictable and combative ...
His presidency had by far the highest GDP growth, more than 1% higher than President Joe Biden thus far. But he also had the highest inflation rate and the third-highest unemployment rate. He is ...