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  2. Economic impact of the COVID-19 pandemic in Canada

    en.wikipedia.org/wiki/Economic_impact_of_the...

    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.

  3. Great Recession in the Americas - Wikipedia

    en.wikipedia.org/wiki/Great_Recession_in_the...

    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%).

  4. Job losses caused by the Great Recession - Wikipedia

    en.wikipedia.org/wiki/Job_losses_caused_by_the...

    Many job places in Canada (i.e., grocery stores and restaurants) have opted to reduce hours rather than lay off staff. This unemployment of job protection is especially in industries that are needed to keep the economy from going into a depression. While the automotive sector is slowly recalling workers back to work, grocery stores and ...

  5. Canada finance minister quits after clash with Trudeau, deals ...

    www.aol.com/canadas-finance-minister-resigns...

    Canada's 10-year note yields climbed to their highest level since November 28. They were last up 4.2 basis points at 3.2%. The Canadian dollar weakened to a four and a half year low at 1.4268 per ...

  6. Robert Kiyosaki Predicts Economy Crash Again - AOL

    www.aol.com/finance/recession-vs-depression...

    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 ...

  7. Canadian property bubble - Wikipedia

    en.wikipedia.org/wiki/Canadian_property_bubble

    The Bank of Canada began hiking interest rates on March 2 2022. [63] Later that same month, Oxford Economics forecasted a 24% drop in Canadian home prices by mid-2024, unless higher interest rates and anti-speculation policies fail. Were home prices to rise further (in this latter scenario), a crash of 40% and a financial crisis was to be expected.

  8. Trump suggests Canada become 51st state after Trudeau said ...

    www.aol.com/news/trump-suggests-canada-become-51...

    President-elect Trump told Canadian Prime Minister Justin Trudeau his country should become the 51st state if it can't fix trade and immigration issues without ripping off the U.S.

  9. Millennials Are Screwed - The Huffington Post

    highline.huffingtonpost.com/articles/en/poor...

    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.