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Canada's economy has been sluggish in recent years, with unemployment at nearly 7%. Woodcock's family was suffering: One of his sons couldn't afford his own place and had to move back home, and ...
Canada plans to impose tariffs on a slew of Chinese products from as early as next year, the government's fiscal update showed, as part of its wider investigation into imports from the country.
Donald Trump mocked Canadian Prime Minister Justin Trudeau after his top minister’s surprise resignation following a clash on how to handle the president-elect’s looming tariffs.
The economic statement was eventually released at 4:11 PM EST that same day, and presented in the House of Commons by government House leader Karina Gould. The statement showed a deficit of $61.9 billion for 2023-24, exceeding Freeland's target of $40.1 billion or less, and left Trump's tariff threats largely unaddressed.
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 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.
Voters blame Trudeau for Canada's sluggish economy, housing crisis and near-record levels of immigration. For months now, polls have shown that it is highly unlikely that he could lead his Liberal ...
A woman from Toronto, Ontario, Canada, is arrested and charged with murder following a stabbing spree that killed three people in Toronto, Niagara Falls and Hamilton between Tuesday and Thursday. September 25, 2024 – Canadian Prime Minister Justin Trudeau survives a no-confidence vote by a vote of 211–119. September 24, 2024 –