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Investment reduction businesses canada new: Consequently. Consequently,
Investment reduction businesses canada:
Canadian companies will probably continue to reduce their investments in the coming months due to economic uncertainty. Meanwhile, predicts the Chief Economist of the Canadian Independent Company Federation (FCEI).
The association estimates that private investments dropped by 13 % in the second quarter, from April to June, after a decrease of 3.1 % during the first three months of the year. In addition, It anticipates a decline of 6.9 % in the third quarter, according to its forecasts unveiled on Thursday.
The chief economist of the FCEI. Simon Gaudreault. stressed, in an interview, that several companies have put “on pause” their investments in the wake of trade tensions and the volatile economic context.
The FCEI anticipates that official data confirm that the Canadian economy contracted 0.8 % in the second quarter and saw a drop in the same magnitude investment reduction businesses canada new in the third quarter.
A drop in gross domestic investment reduction businesses canada product (GDP) during two consecutive quarters is generally considered an economic. recession.
Mr. Gaudreault stressed that these forecasts are established in a context of great uncertainty. which confuses visibility on the trajectory of the economy.
Despite the economic slowdown and its effects on employment, the rate of vacant posts remains high, according to him. The rate of vacant posts was maintained 2.8 % in Canada during the second quarter. It was 3.2 % in Quebec.
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investment reduction businesses canada — Investment reduction businesses canada: Canadian. companies will probably continue to reduce their investments in the coming mo.
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Further reading: A new morning voice at Radio-Canada in Estrie – Accused of possession of juvenile pornography | A sexual sadistic acquitted because its cellular was illegally searched – Trade war with the United States: Canada extends temporary employment insurance measures – Forest lights: American elected officials point to Canadian “neglect” – Holidays in traffic jams in the Acadian peninsula.
