Search results
Results From The WOW.Com Content Network
By 2024, Canada experienced a significant economic divergence from the United States, marking a departure from decades of parallel growth. This shift became particularly pronounced after 2022, with Canada's per-capita national income falling to approximately 70% of U.S. levels, down from 80% just five years earlier.
The COVID-19 pandemic had forced the Justin Trudeau government to introduce a large number of federal aid programs to deal with the economic impact of the crisis. As a result, Canada's debt-to-GDP ratio increased in 2020 and 2021. [4] In March 2022, the New Democratic Party agreed to a confidence and supply deal with Justin Trudeau's Liberal ...
In 2022 the Auditor General of Canada, Karen Hogan, conducted a review into the CERB fund and concluded that "the federal government effectively delivered emergency COVID-19 benefits during the pandemic" [18] but that "deciding to not front-end verification resulted in $4.6 billion in overpayments to ineligible individuals."
ABC News Senior Congressional Correspondent Rachel Scott talked with one federal contractor as a shutdown loomed last year, who said the 35-day government shutdown in 2018 took her months to ...
In the wake of November's stop-gap bill to fund the federal government through early 2024, MoneyGeek looks at the ways in which a government shutdown would impact the lives of federal employees.
The fate of hundreds of thousands of federal employees and the work they do rests on Congress' ability to extend government funding beyond Friday. What federal workers would lose pay during a ...
The government's social distancing rules had the effect of limiting economic activity in the country. Companies started mass layoffs of workers, and Canada's unemployment rate was 13.5 percent in May 2020, the highest it has been since 1976. [1] Many large-scale events that planned to take place in 2020 in Canada were cancelled or delayed.
A government shutdown could affect many facets of life, from leaving government employees furloughed to closing national parks and museums. ... 2022 would remain in place. ... Government Shutdown ...