economic downturn

9:41AM
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Recession may strike despite Canada’s low unemployment rate

The overall employment rate hasn’t recovered to 2019 pre-COVID levels.


11:34AM
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Ottawa enacts measured, well-targeted response to coronavirus downturn

The Trudeau government announced temporary increases to the GST credit and Canada Child Benefit.


3:54PM
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The two biggest automatic stabilizers from Ottawa are income taxes and employment insurance payments.