Search results
Results from the WOW.Com Content Network
[[Category:Canada economic templates]] to the <includeonly> section at the bottom of that page. Otherwise, add <noinclude>[[Category:Canada economic templates]]</noinclude> to the end of the template code, making sure it starts on the same line as the code's last character.
In early December 2008, the Bank of Canada, in announcing that it was lowering its central bank interest rate to the lowest level since 1958, also declared that Canada's economy was entering in recession. [9] The Bank of Canada has since announced that it has two consecutive months of GDP decline (Oct -0.1% & Nov -0.7%).
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]
Right now, permitting processes examine, in excruciating detail, how one new building will affect rents, noise, traffic, parking, shadows and squirrel populations. But they never investigate the consequences of not building anything—rising prices, displaced renters, low-wage workers commuting hours from outside the sprawl.
Since the Great Depression, there have been 14 recessions, which are part of the normal economic cycle. Economists keep waffling on whether or not the U.S. is going to head into one in 2024 after ...
But a strange thing happened on the way to the housing market crash: Home values started rising again. So much for the now-quaint notion that the post-pandemic “housing recession” would ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
At 4.3% now, unemployment remains historically low. But wait, there’s context: Job creation has been slowing down in the face of high interest rates, which make it harder for businesses to expand.