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In 2024, Canada's federal government spending reached unprecedented levels, with the Trudeau government's spending patterns marking significant records in the economic history of Canada. Between 2018 and 2024, the administration recorded the seven highest years of per-person spending in Canada's history.
America exports more products to Canada than any other country and, were it not for American energy imports from Canada, the U.S. would actually have a $45 billion trade surplus with its northern ...
In 2023, the last full year for which data is available, Canada was the U.S.’ largest trading partner, buying about $441 billion in goods and services from the U.S., according to the Bureau of ...
A Harvard/Harris poll has Biden’s approval rating at 43% with his economic rating down at 39%. A CBS/YouGov survey has the president with an approval rating of 41% and an economic rating down at ...
President Donald Trump has set a Saturday deadline to slap a 25% tariff on imports from Canada and Mexico. Trudeau, speaking to an advisory council on Canada-U.S. relations, said the country was ...
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]
From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
The authors say Biden has an opportunity to ride good economic news to a second term "but these are big assumptions in a highly uncertain economic time and given our highly fractured and ...