Minutes of the Federal Open Market Committee December 13-14, 2022.
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https://www150.statcan.gc.ca/n1/daily-quotidien/210503/g-a001-eng.htm In Canada, real gross domestic product (GDP) was down 5.3%. In Newfoundland and Labrador, real GDP was down 5.3%. In Prince Edward Island, real GDP was down 3.0%. In Nova Scotia, real GDP was down 3.2%. In New Brunswick, real GDP was down 3.7%. In Quebec, real GDP was down 5.3%. In Ontario, real GDP was down 5.0%. In Manitoba, real GDP was down 4.8%. In Saskatchewan, real GDP was down 5.2%. In Alberta, real GDP was down 8.2%. In British Columbia, …
Finance Minister Chrystia Freeland gives a long-awaited update on the state of the Canadian economy in 2020. To read more: https://www.cbc.ca/1.5819449
Photo by Burst on Pexels Most of Canada’s international trade is with the United States (76.4%) composed of motor vehicles and parts, industrial machinery, aircraft, telecommunications equipment; chemicals, plastics, fertilizers; wood pulp, timber, crude petroleum, natural gas, electricity, and aluminum, as it’s highest-valued exported products. On the Import side, Canada gets from the United States …
Public debt as a percentage of GDP is 91.5% The basic indicators of the Canadian government’s public finance are: