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List of Recessions in Canada [2] Name Start End The Great Depression: April 1929 February 1933 Recession of 1937–1938: November 1937 June 1938 [3] Recession of 1949: August 1947 March 1948 Recession of 1951: April 1951 December 1951 Recession of 1953: July 1953 July 1954 Recession of 1958: March 1957 January 1958 Recession of 1960–1961 ...
The National Bureau of Economic Research dates recessions on a monthly basis back to 1854; according to their chronology, from 1854 to 1919, there were 16 cycles. The average recession lasted 22 months, and the average expansion 27. From 1919 to 1945, there were six cycles; recessions lasted an average 18 months and expansions for 35.
The following articles contain lists of recessions: List of recessions in the United Kingdom; List of recessions in the United States
April 9, 2010: Canada; 17,900 new jobs were created in Canada in the previous month. [119] The trend is moving towards job creation instead of layoffs as seen in late 2008 and most of 2009. [119] Jobs are being created in the private sector while public sector jobs are losing ground. [119] Employment increased marginally in Ontario, Quebec, and ...
To be sure, Fed rate hikes have helped bring consumer inflation down from 9.1% in mid-2022 to just 2.9% in the latest reading, the lowest annual rate in three years. But in the process, the ...
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The Bank of Canada has since announced that it has two consecutive months of GDP decline (Oct -0.1% & Nov -0.7%). The country's unemployment rate could rise to 7.5% in the next two years, according to the latest OECD report. [10] On July 23, 2009, the Bank of Canada officially declared the recession to be over in Canada. [11]
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