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  2. Canadian economic crisis (2022–present) - Wikipedia

    en.wikipedia.org/wiki/Canadian_economic_crisis...

    This demographic surge prevented the consecutive GDP declines typically defining a recession, despite significant economic challenges following the 2022-2023 period of inflation and interest rate increases by the Bank of Canada. As a result, The economy exhibited several indicators of weakness despite avoiding a technical recession.

  3. Canada's inflation rate ticks down to 1.9% in November - AOL

    www.aol.com/canadas-inflation-rate-ticks-down...

    OTTAWA (Reuters) -Canada's annual inflation rate unexpectedly dropped by a tick to 1.9% in November, driven by a broad-based slowdown in prices, while the consumer price index was unchanged on a ...

  4. Why is inflation so high? Is it bad? An economist answers 3 ...

    www.aol.com/news/why-inflation-high-bad...

    Used car and truck prices are up 31% over the previous year. AP Photo/David ZalubowskiConsumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982 ...

  5. 5 reasons why inflation will be stickier than expected going ...

    www.aol.com/5-reasons-why-inflation-stickier...

    The firm detailed five reasons why inflation risks must still be monitored: First, initial interest-rate cuts have been more broader and deeper than expected on a global basis.

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

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

    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]

  7. Economy of Canada - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Canada

    The economy of Canada is a highly developed mixed economy, [33] [34] [35] with the world's ninth-largest economy 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 ...

  8. How did inflation get so bad? Here are 4 key reasons - AOL

    www.aol.com/did-inflation-bad-4-key-191758466.html

    Something about our wallets getting tighter makes words like “inflation” and “GDP” take on new meaning in the minds of The post How did inflation get so bad? Here are 4 key reasons ...

  9. 2021–2023 inflation surge - Wikipedia

    en.wikipedia.org/wiki/2021–2023_inflation_surge

    The effect of sanctions on the Russian economy caused annual inflation in Russia to rise to 17.89%, its highest since 2002. [119] Weekly inflation hit a high of 0.99% in the week of April 8, bringing YTD inflation in Russia to 10.83%, compared to 2.72% in the same period of 2021. [119]