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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 ...
The process of creating the budget is a complex one which begins within the working ranks for the Federal Government. Each year, the various departments that make up the Government (for example, Health, Transportation, Foreign Affairs, National Defence, Industry, CRA, etc.) submit what are called 'The Main Estimates' to The Treasury Board ...
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]
A Harvard/Harris poll has Biden’s approval rating at 43% with his economic rating down at 39%. A CBS/YouGov survey has the president with an approval rating of 41% and an economic rating down at ...
EY’s chief economist Gregory Daco has referred to Biden’s economy as the “holy grail of non-inflationary growth.” Come November, the strength of the economy will take center stage in the ...
The report details a series of economic tests that Biden’s reelection effort will face in the coming nine months. Whether the current president wins, or former President Donald Trump prevails ...
The economic policy of the Joe Biden administration, colloquially known as Bidenomics (a portmanteau of Biden and economics), is characterized by relief measures and vaccination efforts to address the COVID-19 pandemic, investments in infrastructure, and strengthening the social safety net, funded by tax increases on higher-income individuals and corporations.
Stages 2 and 3: Blaming Biden as the market turns south and downplaying a rebound The years 2022 and 2023 were bumpier times for markets. The S&P 500 closed at a record high of 4,796.56 on Jan. 3 ...