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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 ...
On October 24, 2018 the Bank of Canada raised its benchmark interest rate to 1.75%, the highest it has reached in ten years to prevent inflation. The key interest rate had been kept low in response to the 2008 economic slowdown. [43] By raising the rate, the Bank of Canada is indicating that the Canadian economy no longer needs "stimulus." [43]
Canada's economy grew at an annualized rate of 1% in the third quarter, undershooting the Bank of Canada's forecast of 1.5%, after growing 2.2% in the prior quarter. ... The Canadian dollar edged ...
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included. (The per capita, rather than per tax filer, measure is chosen for comparability with GDP per capita.)
Experts also warn that stiff U.S. tariffs would likely push the Canadian economy into a recession in 2025, causing a spike in inflation and forcing the Bank of Canada to pause interest rate cuts ...
Trump’s proposed tariffs could plunge the Canadian economy into a painful recession. The threat from Ford shows how some in Canada are pushing for a forceful response that could temporarily ...
They argued that the Canadian Economy (beyond the level of subsistence farming) was primarily based on exports of a series of staples—fish, fur, timber, wheat—that shipped to Britain and the British Empire. Industrialization came much later. The thesis explains Canadian economic development as a lateral, east–west conception of trade.
Canadian economic policy (2 C, 6 P) Poverty in Canada (7 C, 17 P) ... Pages in category "Economy of Canada" The following 52 pages are in this category, out of 52 ...