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Our country today faces a grave challenge. The incoming administration in the United States is pursuing a policy of aggressive economic nationalism, including a threat of 25 per cent tariffs. We ...
OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau, who is mulling his future amid a major political crisis, has the full support of his cabinet to stay on, new Finance Minister Dominic ...
The premier of Canada's most populous province on Wednesday threatened to cut off energy supplies to the U.S. if President-elect Donald Trump implements his proposed tariffs on Canadian goods.
The 2024 Canada railway dispute was a labour-business dispute between the Canadian National Railway Company (CN) and Canadian Pacific Kansas City (CPKC) and the Teamsters Canada Rail Conference that shut down the freight railway operations of both railway companies. The shutdown also included passenger trains operating on CPKC tracks, but not ...
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 ...
[14] [15] Canada's housing investment as a percentage of GDP ratio peaked at 8.9% in 2022, [16] whereas the US, at the peak of their housing bubble, only reached 7% in 2006. [ 17 ] [ 18 ] Broadbent Institute analysis concluded that Canada's "housing system is unsustainably financializing and concentrating control over basic human rights."
PSAC strikers outside a CRA office in Surrey, British Columbia. On April 7, the CRA bargaining group voted to enter a legal strike position. [21] On April 12, the national president of PSAC, Chris Aylward, announced that the Treasury Board bargaining unit had voted overwhelmingly in favour of entering into a legal strike position, thus granting the group a 60-day window to initiate a labour ...
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]