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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 ...
This isn't the first recession warning to go off in recent weeks. The Sahm Rule flashed last month following the July jobs report, and there's a slew of other recession gauges that have investors ...
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]
Ontario is the largest producer of video games in Canada, housing 31.8% of all game studios (10 of which are large companies) and has annual expenditures of $818.4 million. [17] Quebec is the second largest, with 31.1% of companies residing in the province (22 of which are large companies) and spends $2.3 billion annually. [ 17 ]
It hasn't been a great time for folks in the business of predicting recessions. The Conference Board's Leading Economic Index signaled a recession in 2022. The highly regarded inverted yield curve ...
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 list may not reflect recent changes. ... List of recessions in Canada; COVID-19 recession; D. Depression of 1920–1921; E. Early 1980s 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] Many large-scale events that planned to take place in 2020 in Canada were cancelled or delayed.