OTTAWA, March 29 ― Canada could fall into a “shallow recession” this year, according to a worst-case scenario outlined in the government's budget yesterday, but...
OTTAWA, March 29 ― Canada could fall into a “shallow recession” this year, according to a worst-case scenario outlined in the government's budget yesterday, but Ottawa is planning for a slightly brighter outlook.
The government pegged economic growth at just 0.3 per cent, rebounding to 1.5 per cent in 2024 ― both figures down from previous estimates. It offered targeted inflation relief such as a grocery rebate for “the most vulnerable still feeling the bite of higher prices.” The government vowed to crack down on hidden fees and predatory lending, and to bring in “right to repair” rules for electronics and home appliances, as well as common charging standards for phones and computers ― similar to the EU ― to cut costs and waste.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Best mobile postpaid plans for those on a budget as of March 2023 | TechNaveIn this article, we'll be listing the postpaid options for this month. Overall, not much has changed with the plans this month. With that said, let's check
Read more »
Canada forecasts lower 2023 growth, possible ‘shallow recession’Private sector economists surveyed by Ottawa forecast gross domestic product (GDP) ranging from a contraction of 0.2% to growth of 1.6%. theSun theSundaily GDP Canada economy business
Read more »
Canada forecasts lower 2023 growth, possible ‘shallow recession’ | The Malaysian InsightCanada forecasts lower 2023 growth, possible ‘shallow recession’
Read more »
Parliament passes Budget 2023 with voice voteKUALA LUMPUR: The Dewan Rakyat passed the Supply Bill 2023, also known as Budget 2023, following a voice vote by MPs on Tuesday (March 28) evening.
Read more »
Win by Rais Yasin as Tangga Batu Umno chief cancelledMELAKA, March 27 — The victory of Paya Rumput assemblyman Datuk Rais Yasin as Tangga Batu Umno division head in the party's election on March 18, was cancelled by the 2023...
Read more »