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Between mid-2022 and early 2024, Canada's unemployment rate increased by 1.6%, a rise historically associated with recessionary periods in Canada since the 1970s. This increase, though smaller relative to its prior major recessions, was considered significant given its emergence from post-pandemic record lows.
While Canada's ten provinces and three territories exhibit high per capita GDPs, there is wide variation among them. Ontario , the country's most populous province, is a major manufacturing and trade hub with extensive linkages to the northeastern and midwestern United States .
The New Jersey-based company faced inflationary pressures on product costs, which reduced consumer spending, according to CEO Barry Litwin, as well as $800 million in outstanding debt. Red Lobster
Clickable map of Canada exhibiting its ten provinces and three territories, and their capitals.
Companies around the world are all facing an interesting dilemma in 2024, according to Amazon CEO Andy Jassy: their biggest problems and solutions might be one and the same. “The opportunity and ...
April 12 – Canada pledges $132.2 million to Sudan to help people affected by the country's ongoing humanitarian crisis. [39] April 15 – The 2024 Fogo Island-Cape Freels provincial by-election is held, won by Progressive Conservative candidate Jim McKenna. [40] April 28 – A cyber attack forces a temporary shutdown of operations at London ...
Defunct companies of Canada by province or territory (10 C) A. Companies based in Alberta (11 C, 29 P) B. Companies based in British Columbia (22 C, 47 P) M.
The business recovery and advisory firm’s “red flag alert” report revealed a 36% increase in the number of companies rated as being in “critical financial distress” in the last three ...