Author: Darrel Pratt

Chart 2 Expressed as an annual rate, the nominal GDP of natural resources was $313 billion in the fourth quarter, representing 12.9% of the Canadian economy. What is Canada’s main source of economy? Its largest industries are real estate, mining, and manufacturing, and it is home to some of the largest mining companies in the […]

Canadian oil and natural gas provided $105 billion to Canada’s gross domestic product (GDP) and supported almost 400,000 jobs across the country in 2020. It also provided $10 billion in average annual revenue to governments for the period 2017 to 2019. This revenue helps pay for roads, school and hospitals. How much does Canada spend […]

Regular EI benefits are paid to eligible employees who lose their job through no fault of their own. Typically, it can include workers terminated because of restructuring and workers who work in seasonal industries. However, if you choose to retire at your own discretion, you can’t qualify for EI benefits. Can you collect unemployment when […]

An example of a very severe drought was the one that swept across Canada during 1999-2005 and caused considerable agricultural, environmental, economic, and societal damages2. What caused the drought in Canada 1930? The drought arrived in 1931. Because the deep-rooted prairie grasses were gone, the bare and over-plowed farmland had no anchor to the earth, […]

5.75%. Canadian Prime Rate Date Rate December 08, 2022 6.45% January 23, 2008 5.75% December 5, 2007 6.00% July 10, 2007 6.25% What was 2008 prime rate? Historical Prime Rate Effective Date Rate 3/18/2008 5.25% 1/30/2008 6.00% 1/22/2008 6.50% 12/11/2007 7.25% What is the highest prime rate in history in Canada? Bank Lending Rate in […]

Unemployment disappeared (the unemployment rate in Canada fell from 11.4 percent in 1939 to 1.4 percent in 1944), wages increased, and many families had two or more members employed during the war, greatly increasing the family income. How did Canada’s economy improve after ww2? Canada was in a good economic position in the post-war years. […]

1 in 3 Canadians have experienced adverse childhood experiences, including sexual and physical abuse, and/or exposure to family violence. What is the most common substantiated form of child maltreatment in Canada? Among those cases recorded in sub-stantiated investigations, neglect is the most common form of child maltreatment experienced by children in Canada (Figure 2)Footnote 9. […]

How to prepare Reduce spending, particularly spending on non-essential items, immediately. Pay off your credit card debt now. Pay close attention to bill payments and avoid paying late charges. Be prepared to lose your job. Become more hireable. If possible, try to move into a recession-proof job. How can we prepare for a recession in […]

federation. Canada is a federation and not a confederate association of sovereign states, which is what “confederation” means in contemporary political theory. Is Canada a federal country? However, as a federal state, responsibility for lawmaking in Canada is shared among one federal, ten provincial and three territorial governments. The power to enact laws is vested […]

financial and emotional. The most frequently identified and reported types of elder abuse in Canada are financial and emotional. Which is the most commonly reported form of elder abuse in Canada? Elder Abuse Takes Many Forms In fact, psychological abuse is the most common form of elder abuse in Canada, followed by financial abuse. What […]