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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]
The Wilson Center claimed that Canada's productivity challenges were exacerbated by various structural factors which included geographic and climate-related challenges due to the country's vast size and harsh climate conditions affecting transportation and infrastructure, widespread provincial regulations creating interprovincial trade barriers ...
In COVID-19 Pandemic (2020) era, despite the global economic impact of the pandemic, India's reserves increased significantly, reaching about $500 billion by mid-2020 due to a combination of lower imports, higher remittances, and inflows of foreign capital. By 2021, India's reserves peaked at around $642 billion in early 2022, marking a record ...
The $690 in direct costs from a tariff on Canada would amount to a 0.42% increase in consumer prices overall — just a small fraction of the cumulative 21% price inflation households experienced ...
But deposit growth of 10% in the same period following double-digit expansion over the past several quarters is set to weigh on the pace of lending recovery, particularly in higher-margin ...
The most important sources of sheet mica are pegmatite deposits. Sheet mica prices vary with grade and can range from less than $1 per kilogram for low-quality mica to more than $2,000 per kilogram for the highest quality. [21] In Madagascar [22] and India, [23] it is also mined artisanally, in poor working conditions and with the help of child ...
The Canada Recovery Sickness Benefit (CRSB) provides $500 per week (2 weeks maximum) for workers who: (a) "are unable to work for at least 50% of the week because they contracted COVID-19;" (b) "are self-isolated for reasons related to COVID-19;" or (c) "have underlying conditions, are undergoing treatments or have contracted other sicknesses ...
COVID-19 increased mortality around the world, with the UN estimating that there were 15 million deaths due to COVID-19 in 2020 and 2021. This estimate was broadly in line with other estimates of 14.9 million from World Health Organization and 17.6 million from The Economist. [84]