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Canada's healthcare system, colloquially called "Medicare", is a significant economic factor. As most aspects of the healthcare system are financed from general government revenues, and as provincial governments bear the majority of these costs, healthcare has grown to become the largest component of Canadian provincial budgets.
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 ...
Some financial observers argued that the plummet in bond prices was triggered by the Federal Reserve's decision to raise rates by 25 basis points in February, in a move to counter inflation. [4] At about $1.5 trillion in lost market value across the globe, the crash has been described as the worst financial event for bond investors since 1927 ...
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Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
PPI showed wholesale prices rose 0.4% last month, the Bureau of Labor Statistics said Thursday. The data came in higher than consensus estimates of 0.2%. On an annual basis, wholesale inflation ...
OTTAWA (Reuters) -Canada on Tuesday moved to end labor disputes at the country's two biggest ports, Vancouver and Montreal, citing economic damage and the potential for driving away trading partners.
1842 - In Quebec, T.M. Moore began to publish People's Magazine and Workingman's Guardian, the first labour-oriented reform newspaper. [2] 1871 - Toronto Trades Assembly formed. First central union body in Canada; 1872- Nine Hour Movement - labour activists call for nine-hour day and 54-hour workweek.Origins of Labour Day