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This week, Canadian Prime ... Canada’s economy has already showed vulnerability coming out of a period of inflation, causing the country’s central bank to cut interest rates much faster than ...
Chrystia Freeland suddenly resigned over a dispute over Canada’s economic future. ... Last week, the president-elect reportedly mocked Canada by calling it the 51st state, giving Trudeau the ...
Canada's government on Monday proposed C$1.3 billion ($913.05 million) for border security after U.S. President-elect Donald Trump threatened tariffs unless Canada reduced the movement of migrants ...
The economy of Canada is a highly developed mixed economy, [33] [34] [35] with the world's ninth-largest economy 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 ...
The Canadian federal budget for the fiscal years of 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.
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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] Many large-scale events that planned to take place in 2020 in Canada were cancelled or delayed.
The government's reliance on immigration to spur economic growth accelerated in with the onset of the COVID-19 pandemic, when Canada admitted nearly 3 million people in three years.
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