Canada’s unemployment rate in August rose to six per cent with Ontario leading the way, losing about 80,000 jobs.
canadian economy
Household debt as a share of GDP is at a virtual all-time high.
The services sector creates the majority of income in the United States.
Statistics Canada’s August economic growth numbers show that the economy contracted.
Economic growth expected to moderate dramatically starting next year.
President Trump seems to be taking a 1930s-style beggar-thy-neighbour approach to trade.
From 2015 to 2017, Canada ranked second lowest among 17 comparable countries in annual investment as a percentage of GDP.
Prime Minister Trudeau’s government has embraced deficit-spending.
The Liberal government raised the top federal income tax rate to 33 per cent from 29 per cent.
Canada’s economy has grown at or above 1 per cent in 18 different quarters since 2000.