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Economic analysts stated that the tariffs would drastically impact the Canadian energy sector due to Canada supplying the United States with 20% of its consumed oil, and providing the heavy crude oil for two-thirds of Midwest oil refineries and 90% of those in Rocky Mountain states.
The eighth season of the Global series Big Brother Canada abruptly ended production on 24 March 2020 due to the Ontario government's mandatory 14-day closure of all non-essential workplaces. There was no winner, with the prize money subsequently donated to charities responding to COVID-19.
Canada’s economy has already showed vulnerability coming out of a period of inflation, causing the country’s central bank to cut interest rates much faster than the Federal Reserve.
The Korean economy exhibited relatively low real GDP growth prior to the spread of the virus caused by COVID-19 (1%). The already sluggish economy led Korea to experience a contraction of its real GDP during the first half of 2020, with a decline of 1.28% in the first quarter and a contraction of 2.74% in the second quarter, indicating a recession.
Alberta's hopes of a rebound this year for its long-struggling oil industry have been dashed by a crash in global crude prices, dragging down producers' stocks and leaving the Canadian province's ...
OTTAWA (Reuters) -Canadian business and labor leaders will meet in Toronto this Friday to discuss diversifying trade and boosting the economy in the wake of U.S. threats to impose tariffs, Prime ...
On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic.It ended on 7 April 2020. Beginning on 13 May 2019, the yield curve on U.S. Treasury securities inverted, [1] and remained so until 11 October 2019, when it reverted to normal. [2]
In a news conference on Wednesday, the 48-year-old Canadian leader said his country has controlled coronavirus “better than many of our allies, particularly including our neighbor,” Reuters ...