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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]
The travel & retail industries have been hit particularly hard.
The first cases of the COVID-19 pandemic of Coronavirus Disease 2019 in North America were reported in the United States on 23 January 2020. Cases were reported in all North American countries after Saint Kitts and Nevis confirmed a case on 25 March, and in all North American territories after Bonaire confirmed a case on 16 April.
During the Christmas and holiday season of 2021, an increase in spending in North America, combined with the spread of the Omicron variant of COVID-19, further exacerbated already tight supplies. Long tail effects of the supply chain crises are contributing to ongoing food security issues related to the pandemic, including the 2022 food crises.
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The COVID Tracking Project was a collaborative volunteer-run effort to track the ongoing COVID-19 pandemic in the United States.It maintained a daily-updated dataset of state-level information related to the outbreak, including counts of the number of cases, tests, hospitalizations, and deaths, the racial and ethnic demographic breakdowns of cases and deaths, and cases and deaths in long-term ...
The share of companies that are moving operations out of China jumped to 69% in 2024 from 55% in 2022, a Bain survey said. ... That was followed by 16% moving to the U.S. or Canada, 11% to ...