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List of Recessions in Canada [2] Name Start End The Great Depression: April 1929 February 1933 Recession of 1937–1938: November 1937 June 1938 [3] Recession of 1949: August 1947 March 1948 Recession of 1951: April 1951 December 1951 Recession of 1953: July 1953 July 1954 Recession of 1958: March 1957 January 1958 Recession of 1960–1961 ...
During 2011–2019, Canada matched U.S. growth rates at 2.2% annually, exceeding other G7 nations. However, in the 2020-2022 period, Canadian growth declined to 1.1%, falling behind the U.S. rate of 1.7%. Despite these, Canada maintained strong headline growth through immigration and population expansion. [7]
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.
The yield curve disinverted this week, suggesting an economic recession may be near. Historically, yield curve disinversions have preceded every economic recession since 1976.
This is a list of incorporated cities in Canada, in alphabetical order categorized by province or territory. More thorough lists of communities are available for each province. More thorough lists of communities are available for each province.
A weak July jobs report just triggered one of the most well-known, and historically accurate, recession indicators: the Sahm Rule. But the rule’s inventor, Claudia Sahm, pushed back against the ...
This is a list of the census metropolitan areas and agglomerations in Canada by population, using data from the 2021 Canadian census and the 2016 Canadian census. [1] Each entry is identified as a census metropolitan area (CMA) or a census agglomeration (CA) as defined by Statistics Canada .
The Sahm Rule, developed by economist Claudia Sahm, says that the US economy has entered a recession if the three-month average of the national unemployment rate has risen 0.5% or more from the ...