The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.
canadian economy
The U.S. corporate tax rate is now significantly lower than Canada’s rate.
Canada’s unemployment rate in August rose to six per cent with Ontario leading the way, losing about 80,000 jobs.
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.