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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 economy of Canada is a highly developed mixed economy, [33] [34] [35] the world's ninth-largest 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. [37]
The Daily is Statistics Canada's free online bulletin that provides current information from StatCan, updated daily, on current social and economic conditions. [11] Statistics Canada also provides the Canadian Income Survey (CIS)—a cross-sectional survey that assesses the income, income sources, and the economic status of individuals and ...
OTTAWA (Reuters) -Canada on Tuesday moved to end labor disputes at the country's two biggest ports, Vancouver and Montreal, citing economic damage and the potential for driving away trading partners.
Broadly though, executives expressed upbeat confidence in both the current and future economic outlook, with 44% of CEOs reporting that economic conditions were better than six months ago, from ...
In Canada, federal budgets are presented annually by the Government of Canada to identify planned government spending and expected government revenue, and to forecast economic conditions for the upcoming year.
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]
Gallup’s “Economic Confidence Index,” which has a theoretical range of +100 to -100, summarizes Americans’ view of the current economic conditions and the outlook on the economy. It now ...
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