Search results
Results From The WOW.Com Content Network
The COVID-19 pandemic had a deep impact on the Canadian economy, leading it into a recession. 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]
Canada's economic position has shifted dramatically since the 1980s, when it maintained a nearly US$4,000 advantage in per capita GDP compared to an average of "advanced" economies, including the United Kingdom, the United States, France, Germany, Italy, and Japan.
COVID-19 pandemic: Alberta [a] Public Health Act [24] [25] British Columbia: Emergency Program Act and Public Health Act [18] [26] Manitoba: Emergency Measures Act [27] New Brunswick: Emergency Measures Act [26] [28] Newfoundland and Labrador: Public Health Protection and Promotion Act [26] Nova Scotia: Health Protection Act [29] [30] Ontario [b]
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
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 .
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 ...
The Next Generation EU (NGEU) is a €750 billion economic recovery plan launched by the European Union in July 2020 in response to the economic challenges posed by the COVID-19 pandemic. [72] It aimed to mitigate the pandemic's immediate economic impacts and lay the groundwork for long-term recovery through investments in green energy, digital ...
OTTAWA (Reuters) -Canada has enough coronavirus vaccine to inoculate everyone who is eligible nearly two months earlier than had been promised, Prime Minister Justin Trudeau said on Tuesday, ahead ...