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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 ...
In the thirty years after Confederation, Canada experienced a net out flow of migrants, as a large number of Canadians relocated to the United States. In the early part of the nineteenth century, the economies of the Canadian Maritimes were the most industrialized, and prosperous in British North America.
April 9, 2010: Canada; 17,900 new jobs were created in Canada in the previous month. [119] The trend is moving towards job creation instead of layoffs as seen in late 2008 and most of 2009. [119] Jobs are being created in the private sector while public sector jobs are losing ground. [119] Employment increased marginally in Ontario, Quebec, and ...
The following articles contain lists of recessions: List of recessions in the United Kingdom; List of recessions in the United States
Between 2018 and 2024, the administration recorded the seven highest years of per-person spending in Canada's history. By 2024, inflation-adjusted spending per person, excluding debt interest costs, reached $11,856, exceeding the 2007-09 financial crisis spending by 10.2% and World War II peak spending by 28.7%. [ 11 ]
It hasn't been a great time for folks in the business of predicting recessions. The Conference Board's Leading Economic Index signaled a recession in 2022. The highly regarded inverted yield curve ...
Canada's economy is considered to have been in recession for two full years in the early 1990s, specifically from April 1990 to April 1992. [7] [8] [a] Canada's recession began about four months before that of the US, and was deeper, likely because of higher inflationary pressures in Canada, which prompted the Bank of Canada to raise interest rates to levels 5 to 6 percentage points higher ...
Canadian stocks sank to a three-week low on Thursday, led by losses in commodity-linked sectors as fears over a slowdown in global growth dented oil and metal prices. The energy index tumbled 4% ...