Tag: Inflation

Canada’s Economy Surges with 3% GDP Growth in Q2 2024
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Canada’s Economy Surges with 3% GDP Growth in Q2 2024

Q2 2024 marks a significant surge in Canada’s economy, as the GDP grows up to 3%. Canada faced many economic challenges and disputes over the last few years, and this growth in GDP marks a robust recovery. Facets like increased consumer spending and export, and considerable government investments, have contributed to this remarkable increment in…

Canada’s Economy Slows as Inflation Drops to 2% in August
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Canada’s Economy Slows as Inflation Drops to 2% in August

Canada’s economy progressed remarkably in August 2024 as its inflation rate went to 2%. This is a good sign of prices becoming more or less standard. However, the gradual pace of economic growth raises doubts concerning the country’s prospects However,for Canadians, a reduction in inflation means a sigh of relief from the rising costs of…

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