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Between mid-2022 and early 2024, Canada's unemployment rate increased by 1.6%, a rise historically associated with recessionary periods in Canada since the 1970s. This increase, though smaller relative to its prior major recessions, was considered significant given its emergence from post-pandemic record lows.
First of all, anybody with any ambition at all, or intelligence, has left Canada and is now living in New York. Second, anybody who sides with Canada internationally in a debate between the U.S. and Canada, say, Belgium, is somebody whose opinion we shouldn't care about in the first place. Third, Canada is a sweet country.
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 ...
So was the case last weekend, as fans across Canada, from the Toronto Raptors arena to the Calgary Flames rink, booed otherwise routine performances of “The Star-Spangled Banner.”
“But here's the problem with Canada. So many friends up there. I love the Canadian people. They're great, but we're spending hundreds of billions a year to protect it.” ...
The timing of the crisis comes at a critical time, since U.S. President-elect Donald Trump is due to take office on Jan. 20 and is promising to impose a 25% tariff on all imports from Canada ...
Canada was hard hit by the Great Depression. When the American economy began to collapse in the late 1920s the close economic links and the central banking system meant that the malaise quickly spread across the border. The world demand fell for wheat, lumber and mining products; prices fell, profits plunged, and unemployment soared.
Besides, so far Britain had no reason to join in the squabble forming on the main continent, leaving no obligation for Canada to join if war did break out between Russia and France on one side and Germany and Austria-Hungary on the other. News of war did not make a stir in Canada until Germany invaded neutral Belgium, and the British delivered ...