Economy Canada
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Will Canada skirt recession? Jobs numbers show ‘clear signs of a soft landing’Canada's jobs market returned to growth in August with a gain of 40,000 positions, but the unemployment rate held steady amid a growing population.CanadaSep 8, 2023
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Almost half of Canadians say right to strike outweighs economic risk: pollA new survey from the Angus Reid Institute found that for almost half of Canadians the right to strike outweighs the risk of economic consequences.CanadaSep 1, 2023
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What Canada’s ‘soft’ jobs report could mean for the Bank of CanadaRBC said it expects the economy added 25,000 jobs, but that strong population growth means the unemployment rate may have still risen.EconomyAug 4, 2023
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Immigration creating ‘mirage’ of Canadian economic prosperity: economistsWhile immigration adds to annual GDP, per capita GDP has grown only 2.4 per cent since the first quarter of 2016 compared to 11.7 per cent for the United States.EconomyJul 26, 2023
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Ottawa to present fall economic statement Nov. 3 amid fears of looming recessionOn Oct. 19, Freeland said that Ottawa will share with “some precision” its projections for the economy in its fall economic statement.EconomyOct 28, 2022
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Canada’s economy grew 0.1% in August, StatCan saysStatistics Canada's preliminary estimate for August released last month suggested real GDP was essentially unchanged for the month.CanadaOct 28, 2022
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Bank of Canada expected to announce another interest rate hike amid recession fearsWednesday's announcement would make it the sixth consecutive time the Bank of Canada raises interest rates this year in response to decades-high inflation.EconomyOct 24, 2022
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Canada must remain ‘fiscally responsible’ as recession fears grow, Trudeau saysProminent officials, including former Bank of Canada governor Mark Carney, have said this week that Canada and the world are heading towards a recession.CanadaOct 21, 2022
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Is Canada facing recession? Freeland says fall fiscal update will reflect gathering storm"There are still some difficult days ahead for Canada's economy and for the economies of all of our friends and allies around the world," Freeland said in a speech in Windsor.CanadaOct 19, 2022
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New taxes on banks, life insurers could generate $5.3B over 5 years: PBOFinance Minister Chrystia Freeland is also proposing to hike the corporate tax rate on bank and insurance profits over $100 million.CanadaSep 22, 2022
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