Reading Time: 2 minutes Disponible en français. Canada’s multi-billion-dollar tourism sector employs hundreds of thousands of Canadians and is supported by all levels of government. In 2020, due to the COVID-19 pandemic, global tourism and travel sector revenue decreased by 49% from the previous year,… Read More ›
Reading Time: 6 minutes Disponible en français. Launched in 2016, the Investing in Canada Plan is a long-term federal infrastructure plan involving the investment of $188 billion over 12 years. Of this total, $96 billion is new funding, and $92 billion is from existing infrastructure programs. Although the… Read More ›
Reading Time: 5 minutes 10 December 2021, 8:15 a.m. Disponible en français. The COVID-19 pandemic compelled governments to implement extraordinary fiscal measures to support their economies. In Canada, as in other Group of Seven (G7) countries, these measures took the form of a mix… Read More ›
Reading Time: < 1 minute Disponible en français. Money is created in the Canadian economy in two main ways: through private commercial bank loans or asset purchases, and through the Bank of Canada’s asset purchases. The majority of money in the economy is created by… Read More ›
Reading Time: 4 minutes 8 April 2021, 10:50 a.m. Disponible en français. The COVID-19 pandemic and the related business restrictions and lockdown measures decreased employment in Canada by 16% from February to April 2020. By February 2021, one year after the pandemic started, total employment… Read More ›
Reading Time: < 1 minute (Disponible en français : Résumé – La répartition des revenus et des dépenses du gouvernement fédéral par province) The federal government collects revenues and makes expenditures in all provinces. Per capita federal revenues and spending vary from province to province, depending… Read More ›
Reading Time: 5 minutes 14 September 2020, 8:55 a.m. (Disponible en français : Reconstruire en mieux : appels en faveur d’une relance économique verte, inclusive et durable après la pandémie de COVID‑19) Since the early days of the COVID-19 pandemic, there have been numerous… Read More ›
Reading Time: 3 minutes 2 July 2020, 8:30 a.m. (Disponible en français : La forme que prendront les choses à l’avenir) The COVID-19 pandemic has caused a rapid global economic contraction. Many forecasters are predicting an economic downturn not seen since the Great Depression…. Read More ›
Reading Time: 6 minutes 25 June 2020, 9:20 a.m. (Disponible en français : Impacts de la COVID-19 sur l’emploi au Canada par secteur d’activité) COVID-19 lockdown restrictions have reduced Canadian economic activity, particularly in certain sectors, as discussed in the HillNote Impacts of COVID-19… Read More ›
Reading Time: 5 minutes 27 May 2020, 11:20 a.m. (Disponible en français : La pandémie de COVID-19 et l’environnement) Financial crises, pandemics, international conflicts and environmental incidents have all affected the Canadian economy in the past, sometimes resulting in major economic slowdowns. Shifts in… Read More ›