Inflation shows no sign of ease as CPI increases 8.3% in April
The prevalent inflation in the United States shows no real sign of ease as the Consumer Price Index grew 8.3% year-over-year in April.
canada
Canada experiences 80% increase in debt-to-GDP in 2020, highest increase in all developed countries
Data released by the World Economic Forum in collaboration with Visual Capitalist shows that Canada has experienced the highest recorded change in debt-to-GDP in all developed countries.
covid19
Canada likely to remain in economic decline during 2021
The Bank of Canada says the first quarter of 2021 will witness a decline in GDP, and vulnerable service-industry workers are likely to be hit the hardest by the recent and ongoing lockdowns.
covid19
Wage Subsidies To Surpass $100 Billion This Winter
The pandemic wage subsidies are expected to surpass $100 billion this winter. Prime Minister Justin Trudeau and his cabinet have yet to introduce a 2020 budget.
