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How Arnold Horween, an unsung Jewish Harvard hero, changed American sports
(JTA) — Decades before Sandy Koufax sat out the first game of the 1965 World Series because it fell on Yom Kippur, and 18 years before Greenberg chased Babe Ruth’s single-season home run record in the late 1930s, a college athlete made some overlooked Jewish sports history.
Arnold Horween, a burly Chicagoan, became the first Jewish captain of the Harvard University football team in 1920 — an achievement that sent ripples through American culture.
Horween, who would later play and coach in the early years of what would become the NFL, was born to Jewish immigrants from Ukraine. He became a star player at Harvard, helping the Crimson go undefeated in both 1919 and 1920 after returning from serving in World War I. (His brother Ralph also played at Harvard and in the NFL, and they were the first and only Jewish brothers to play in the NFL until Geoff and Mitchell Schwartz.)
But it was Horween’s unanimous selection as the team’s captain, and more importantly, his appointment in 1926 as the team’s coach, that would prove unprecedented.
“In American Jewish culture, the only thing greater than being the captain of the Harvard Crimson, the only higher station in American culture might have been the president, or the coach of Harvard, which he eventually becomes,” said Zev Eleff, the president of Gratz College and a scholar of American Jewish history.
Eleff explores Horween’s story and its impact in his recent book, “Dyed in Crimson: Football, Faith, and Remaking Harvard’s America,” released earlier this year. He traces the history of Harvard athletics in the early 1900s, exploring how Horween, along with Harvard’s first athletic director, Bill Bingham, altered the landscape of America’s most prestigious college.
Horween’s ascendance came at a time when Harvard instituted quotas to limit the number of Jewish and other minority students it accepted — a practice the school would employ throughout the 1920s and 30s. His story also took place amid a political landscape that featured the rise of Father Charles Coughlin, the antisemitic “radio priest,” and the reemergence of the Ku Klux Klan.
As Eleff underscores in the book, Horween did not fit the model of a “Boston Brahmin,” the class of elite, Christian, aspirationally manly men whose supremacy was unquestioned at Harvard Yard. Horween broke that mold, instead instilling a team culture where a love of the sport was almost as important as winning — the Ted Lasso effect, if you will.
“Dyed in Crimson” also uses early 20th century Harvard as an allegory for the broader theme of how sports can change society.
“The theme of the book, something that’s uniquely American, is how the periphery can influence the mainstream,” said Eleff. “How people on the sidelines can really make an influence.”
Eleff spoke to the Jewish Telegraphic Agency about how Horween’s story fits into the pantheon of Jewish American sports legends and what it says about Jews’ ability to succeed in America.
This conversation has been edited for length and clarity.
Let’s dig into Horween’s story. I liked the idea of him as like an earlier version of Koufax or a Greenberg, but to be honest, I had never heard of him. Why do you think his story isn’t as well known as other Jewish athletes?
I think it has everything to do with the emergence of Major League Baseball. College football was America’s sport in the 1910s and 1920s. It was a big money sport, when there was very little money outside of the New York Yankees. And I think that Horween’s star started to sort of decline with Harvard football, but also the emergence of other sports.
The other reason is because the idea of the Jewish ballplayer loomed large. The New York Giants, for decades, tried to identify a Jewish superstar. They actually passed on Greenberg. There was a thought after Greenberg that there was Jewish DNA for baseball, and the signing of Koufax was directly linked to this notion. It was this eugenics-like link that you need a Jewish ballplayer. For the Giants, it was ticket sales. So the commotion about Greenberg and Koufax is more about Jewish identity. And baseball is, as a professional sport in New York, Queens, Brooklyn, the Bronx, different than college football, particularly in New England at this time. Frankly, Jews lived near the Polo Grounds, they didn’t live near Harvard Yard.
Arnold Horween shown in The Baltimore Sun on November 16, 1927. (Wikimedia Commons)
For Horween, obviously he’s not at the level of a Greenberg or Koufax talent-wise, but he also didn’t seem to care as much personally about his Jewish identity. You write in the book that there were some Jews who took issue with the fact that Horween was not practicing, but there were also many Jews who were simply proud he was Jewish. What do you think about that dynamic?
There becomes a sort of disconnect between lived religion and the perception and what they come to represent — the mantle that they wear almost towers above the practice. Horween eschewed the opportunity to claim the mantle of Jewish leadership, Jewish celebrity. But we do see in its moment that he is the topic of rabbinic sermons, that The American Hebrew and other Jewish press are reporting on him. They are elated. In American Jewish culture, the only thing greater than being the captain of the Harvard Crimson — it’s hard for people to realize, but in the moment when they were part of the big three [alongside Princeton and Yale] — the only higher station in American culture might have been the president, or the coach of Harvard, which he eventually becomes.
One of the parts of this book that I enjoyed learning about is the extent to which college football in the early 20th century was all about honor, masculinity, gentlemanliness. And at the time, that kind of stands in contrast to how Jews were viewed — that Jews were not masculine, Jews couldn’t fit into that mold of the “Harvard man.”
Being on the sports team, that was probably far beyond Jewish expectations. Not to say that Jews could not be athletic, but very often the varsity players weren’t picked for their talent but rather their surnames. What the sea change at Harvard is, [within] gentlemanly culture — in which “gentlemanly” is a Protestant, Christian masculinity — Horween is not Protestant. What allows him a pathway into that elite group is that drive to win. And as a player, he’s good luck. He never loses. He becomes a signature player for victory who even wins the Rose Bowl.
But as a coach, he subverts that. What he and Bill Bingham do is their campaign isn’t necessarily for winning, it’s for having fun, it’s for enjoying the game.
In the 1910s and 20s, college football was the peak of American sports, but that’s certainly not the case anymore. What do you think would be the modern comparison for someone like Horween?
Is Becky Hammon with the Spurs, the first woman [to act as] head coach in basketball, something like that? Or the very important discussions about people of color as coaches in the NFL? Sports and education are, for some reason or another, where change is made in American life. Brown v. Board of Education in 1954 ends, at least officially, segregation. Title IV, what is basically American law for anti-discrimination based on sex, is based on women’s college sports. You have the breaking down of color barriers and Jackie Robinson, Muhammad Ali and Vietnam. You have the first [openly] gay athletes, you have questions of breaking the glass ceiling for women and Serena Williams.
It’s absolutely 100% true that sports doesn’t matter. Who wins the World Series is of no great consequence to most people’s lives. Although it’s interesting, if you drive up I-95 on a Sunday, you will see that the bumper stickers and the flags change. There is some sort of passion, obviously, about sport. But it’s absolutely true that for some reason or another in the 20th century and 21st century in American sport, really important social and cultural decisions, and political decisions, are made in American sport.
Zev Eleff, president of Gratz College and author of “Dyed in Crimson.” (Courtesy)
Another main topic in the book is that the goal for immigrants, especially Jews, was Americanization, assimilation — that to become part of the mainstream was the marker of success. But that seems to be the case for Jews in a very different sense than it is for Catholics and for Blacks.
The major contribution of this book to American Jewish history beyond telling this story is to complicate notions of Americanization. Jews and Catholics in particular view Americanization very, very differently. The Catholic experience is to create parallel systems. If you’re a good Catholic boy with immense football talent, play for Notre Dame, play for Boston College. Don’t play for the Protestant mainstream. Cream them on the football field. Create parallel systems.
The Jewish experience is not so. Outside of Orthodox day schools in the early 20th century, it was anathema, it was considered almost heretical, for American Jews to [go] to private schools. To the contrary, the so-called golden citadels of the public schools — that is the agent of Americanization. Jews don’t establish their own educational systems. They somehow Americanize and acculturate into the mainstream. We don’t compete with Harvard, we get into Harvard.
Thinking about the antisemitism of that time — the quotas, Father Coughlin, all of that — how do you think that compares to what we’re seeing today?
Historians disagree about the 1920s. Was it a time of great prominence of American Jews? There was affluence in the roaring ’20s. There were institutions that were created, there was creativity, from the Orthodox and Mordecai Kaplan certainly, across the board, the Jewish Theological Seminary. American Judaism was at a certain high point in the 1920s. At the same time, there were quotas, and there was rising antisemitism. I think today we also have to deal with the tension of, on the one hand, there are great opportunities for Jews in the United States; at the same time, there is antisemitism. And so from the 1920s to the 2020s, 100 years later, you see a model for how to grapple with those tensions.
What do you hope, more than anything else, someone takes away or learns from your book?
It’s a book that begins like a punch line: a working class Protestant, a Catholic and a Jew walk into a football field. But it ends with something I think a lot more pronounced, which is, it’s a story about change. As a historian, I study change, particularly in American Judaism, broadly in American religion and Jewish Studies. Change is the best asset that a historian has to study. I wasn’t interested in just finding another Sandy Koufax story, replicating that story. This is a story that isn’t just about a Jew who happened for his moment to become quite successful and quite famous, or a Catholic or a former mill hand turned first athletic director in college history. It’s really about how people on the periphery influence the mainstream.
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Candace Owens Claims US ‘Being Held Hostage by Israel,’ Suggests Zionists Killed JFK
Political commentator Candace Owens claimed on Friday that the US is being held “hostage” by Israel and suggested that AIPAC, the foremost pro-Israel lobbying organization in the US, was behind the assassination of former US President John F. Kennedy.
“It seems like our country is being held hostage by Israel,” Owens, a right-wing provocateur, said during the opening segment of her YouTube show, where she interviewed far-left commentator Briahna Joy Gray.
“I’m going to get in so much trouble for that. I don’t care,” Owens lamented.
Gray, who was the guest for this episode, was recently fired from The Hill‘s TV show, Rising, after aggressively cutting off and rolling her eyes at the sister of an Israeli hostage who said that Hamas sexually assaulted women during the terror group’s Oct. 7 massacre across southern Israel and that people should believe those women. Gray, who claimed her firing was politically motivated, had repeatedly cast doubt on the sexual violence perpetrated against Israeli women during the Hamas-led onslaught.
However, Owens said that part of the reasons she was addressing the subject was that people were being fired because they were “not happy … when an innocent Palestinian kid dies” or for “critiquing a foreign nation.”
Also on Friday’s show, Owens claimed US Rep. Thomas Massie (R-KY) was “wading into some dangerous waters” when, during an interview with host Tucker Carlson, he spoke about how effective the American Israel Public Affairs Committee (AIPAC) is at lobbying members of Congress and suggested the group should have to register as a foreign agent that is acting on behalf of Israel.
The reason it was dangerous, Owens said, was because “we know there was once a president that wanted to make AIPAC register, and he ended up shot … so Thomas Massie better be careful.”
Owens was referencing the fact that Kennedy wanted the American Zionist Council, a lobby group, to register as a foreign agent. However, there is no evidence the group had anything to do with Kennedy’s assassination.
Owens and The Daily Wire, which was co-founded by conservative and Jewish political commentator Ben Shapiro, parted ways after Owens flirted with antisemitic conspiracy theories for a number of months, especially following the outbreak of the Israel-Hamas war.
“In all communities there are gangs. In the black community we’ve got the Bloods, we’ve got the Crips. Well, imagine if the Bloods and the Crips were doing horrific things, murdering people, controlling people with blackmail, and then every time a person spoke out about it, the Bloods and the Crips would call those people racist,” Owens said while still at The Daily Wire. “What if that is what is happening right now in Hollywood if there is just a very small ring of specific people who are using the fact that they are Jewish to shield themselves from any criticism. It’s food for thought, right? … this appears to be something that is quite sinister.”
Additionally, after getting into a spat with an outspoken and controversial rabbi, Shmuley Boteach, she said, “Are you going to kill me? Are you going to kill me, because I refuse to kowtow to you, and I think it’s weird that you and your daughter are promoting and selling sex toys, that’s why I deem you an ‘unholy rabbi?’”
“You gross me out. You disgust me. I am a better person than you, and I do not fear you,” Owens continued.
The list of controversial incidents involving Owens continued to grow longer with time. In one case, she “liked” an X/Twitter post that promoted the antisemitic “blood libel.” The post read, in response to Boteach, “Rabbi, are you drunk on Christian blood again?”
The “blood libel” is a medieval anti-Jewish slur which falsely claims that Jews use the blood of non-Jewish children in their religious rituals.
The post Candace Owens Claims US ‘Being Held Hostage by Israel,’ Suggests Zionists Killed JFK first appeared on Algemeiner.com.
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Hating Israel Isn’t New; How the CIA and State Department Undermined the Jewish State
“Teddy Roosevelt’s great-great-great grandson is an anti-Israel protester at Princeton,” blared a New York Post headline on May 4, 2024.
The Post reported that Quentin Colon Roosevelt, an 18-year-old freshman, and descendant of the 25th President, is an anti-Israel activist at the Ivy League university. But far from being hip and new, Quentin’s brand of anti-Zionism is old hat — he is merely continuing a long family tradition of anti-Israel activism.
There is an abundance of literature on Franklin D. Roosevelt’s views on Jews and Zionism, the belief in Jewish self-determination. Both FDR and his wife Eleanor had made antisemitic remarks. In a private conversation in 1938, then-President Roosevelt suggested that by dominating the economy in Poland, Jews were themselves fueling antisemitism. And in a 1941 Cabinet meeting, FDR remarked that there were too many Jewish Federal employees in Oregon. In his final days, FDR promised Saudi leader Abdul Aziz Ibn al Saud that he would oppose the creation of Jewish state in the Jewish people’s ancestral homeland.
FDR is the president who led the United States to victory against Adolf Hitler. He also employed Jews in high-ranking positions in his government. But he is also the president whose administration failed to save more Jews fleeing Nazism, and who refused to bomb the railway tracks leading to Auschwitz and other death camps where millions of Jews met a ghastly end. Accordingly, it makes sense that his beliefs regarding Jews have been the subject of books and belated study.
Less examined, however, is the Oyster Bay branch of the Roosevelt clan, and their beliefs regarding Zionism. In part, this is easily explained by the unique place that FDR holds in American history. He is the only president to serve four terms, and presided over both the Great Depression, World War II, and arguably the beginning of the Cold War. His branch of the family, the Hyde Park Roosevelts, were Democrats and remained active in public life for decades after his 1945 death.
At first glance, the Oyster Bay Roosevelts were more of a turn of the 19th century affair. They were Republicans, and their scion was Teddy Roosevelt, a war hero turned governor of New York state who, thanks to an assassin’s bullet, found himself as the nation’s leader in 1901.
The famously ebullient Roosevelt helped redefine the country’s idea of a president, and served as an inspiration for his cousin Franklin. But Teddy largely presided over an era of peace and tranquility, not war and upheaval.
Teddy was a philosemite. He was the first occupant of the Oval Office to appoint a Jewish American to the Cabinet. He championed the rights of Jews, both at home and abroad, and was harshly critical of the numerous pogroms that unfolded in czarist Russia.
As Seth Rogovoy has noted, Roosevelt’s “special relationship with Jews was forged during his time serving as police commissioner in New York City, a post he assumed in 1904.” When an antisemitic German preacher named Hermann Ahlwardt gave speeches in the city, Roosevelt assigned a contingent of Jewish police officers to guard the man.
Roosevelt was also a Zionist. In 1918, shortly after the Balfour Declaration, he wrote: “It seems to me that it is entirely proper to start a Zionist state around Jerusalem.” He told Lioubomir Michailovitch, the Serbian Minister to the United States, that “there can be no peace worth having … unless the Jews [are] given control of Palestine.” Six months later Roosevelt died in his sleep.
Not all his descendants would share his belief in Jewish self-determination, however.
Two of Teddy Roosevelt’s grandchildren, Kermit and Archie, served their country in the CIA during the early years of the Cold War. Both were keenly interested in Middle East affairs, and were fluent in Arabic. Both were well read and highly educated, authoring books and filing dispatches for newspapers like the Saturday Evening Post, among others.
They were also prominent anti-Zionists.
Kermit Roosevelt, known as “Kim,” played a key role in anti-Zionist efforts in the United States and abroad. He was not, by the standards of his time, an antisemite. But he was ardently opposed to the creation of Israel.
As Hugh Wilford observed in his 2013 book America’s Great Game: The CIA’s Secret Arabists and the Shaping of the Modern Middle East: “the anti-Zionism of the overt Cold War foreign policy establishment is well known” but “less widely appreciated is the opposition to Jewish statehood of the individuals responsible for setting up the United States’ covert apparatus in the Middle East.”
This began with the OSS, the CIA’s precursor. And it included men like Stephen Penrose, a former American University of Beirut instructor, and Kim Roosevelt’s boss during his wartime service in the OSS.
“Documents among Penrose’s personal papers reveal him engaged in a variety of anti-Zionist activities at the same time that he was commencing his official duties with the OSS,” Wilford notes.
Like many of his fellow Arabists, Penrose was the son of American missionaries who, failing to convert the native population to Christianity, sought to foster Arab nationalism instead. Penrose described himself as a “chief cook” who was “brewing” opposition to Zionism. He became one of Kim Roosevelt’s mentors.
In a January 1948 Middle East Journal article entitled, “Partition of Palestine: A Lesson in Pressure Politics,” Kim called the 1947 UN vote in favor of a Jewish state an “instructive and disturbing story.”
Roosevelt believed that the US media was unduly supportive of the creation of Israel, and claimed that almost all Americans “with diplomatic, educational, missionary, or business experience in the Middle East” opposed Zionism.
Kim’s pamphlet was reprinted by the Institute for Arab American Affairs, a New York-based group whose board he sat on. He also began working with the Arab League’s Washington, D.C., office and “turned elsewhere for allies in the anti-Zionist struggle, starting with the Protestant missionaries, educators, and aid workers.”
This nascent group soon received financial support from the American oil industry, which maintained close links to Kim’s OSS/CIA colleague, William Eddy.
As Wilford noted, the Arabian consortium ARAMCO “launched a public relations campaign intended to bring American opinion around to the Arab point of view.”
In addition to missionaries and big oil, Kim gained another important ally in the form of Elmer Berger, a rabbi from Flint, Michigan. Berger served as executive director of the American Council for Judaism, an anti-Zionist group that, among other things, opposed the creation of a Jewish army during World War II at the height of the Holocaust. Berger and Roosevelt became drinking buddies and close collaborators on their joint effort against the Jewish State.
Kim eventually became “organizing secretary” for a group called The Committee for Justice and Peace. The committee’s original chair, Virginia Gildersleeve, was both a longtime friend of the Roosevelts of Oyster Bay and the dean of New York City’s Barnard College, which today is part of Columbia.
Gildersleeve was “also a high-profile anti-Zionist” who “became involved with the Arab cause through her association with the Arabist philanthropist Charles Crane and the historian of Arab nationalism George Antonius.”
Crane, a wealthy and notorious antisemite, had lobbied against the creation of a Jewish state since the beginning of the 20th century, even advising then-President Woodrow Wilson against supporting the Balfour Declaration.
By 1950, the Committee had managed to recruit famed journalist Dorothy Thompson to their cause. Thompson was reportedly the basis for actress Katharine Hepburn’s character in the 1942 movie Woman of the Year. A convert to anti-Zionism, Thompson’s extensive network of reporters and celebrities proved crucial to Kim and Berger’s efforts to rally opposition to the Jewish State. In a 1951 letter to Barnard College’s Gildersleeve, Thompson wrote: “I am seriously concerned about the position of the Jews in the United States.” People, she claimed, “are beginning to ask themselves the question: who is really running America?”
Another ally emerged that year: the Central Intelligence Agency.
The CIA began funding the Committee, as well as its successor, the American Friends of the Middle East (AFME). Beginning in June 1950, Kim’s correspondence with Berger began making veiled references to the ACJ head taking on “official work” in Washington. This, Wilford believes, is a reference to working with the CIA. Indeed, the well-connected Kim and Archie Roosevelt had known top CIA officials like Allan Dulles since childhood.
With support from figures like Eddy, AFME also began encouraging Muslim-Christian alliances — ostensibly to counter Soviet influence, but also to attack the Jewish state. This led to some awkward alliances, including with Amin al-Husseini, the founding father of Palestinian nationalism and an infamous Nazi collaborator.
Husseini had ordered the murders of rival Palestinians, incited violence against Jews since the 1920s, and had led forces, equipped with Nazi-supplied arms, to destroy Israel at its rebirth in 1948. Now, along with the Secretary General of the Arab League, and Saudi King Ibn Saud, he was meeting with Eddy to discuss a “moral alliance” between Christians and Muslims to defeat communism. Kim himself knew Husseini, having interviewed him for the Saturday Evening Post after World War II.
AFME lobbied for the appointment of anti-Zionist diplomats and in favor of Eisenhower administration efforts to withhold aid from Israel. And both Berger and Thompson pushed for favorable coverage of the new Egyptian dictator, Gamal Nassar, who would wage war on the Jewish state for nearly two decades. Initially, they were successful, with TIME magazine writing that Nasser had the “lithe grace of a big, handsome, all-American quarterback.” Of course, there was nothing “all-American” about Nasser, who would become a Soviet stooge.
AFME officials like Garland Evans Hopkins would draw rebukes after claiming that Jews were bringing violence against themselves — a staple of antisemitism. Hopkins claimed that Zionists “could produce a wave of antisemitism in this country” if they continued acting against “America’s best interests in the Middle East.”
AFME itself would eventually lose influence, particularly after its boosting of figures like Nasser was revealed as foolhardy. Berger would go on to advise Senator J. William Fulbright (D-AR) in his efforts to get pro-Israel Americans to register as foreign agents.
In 1967, as Arab forces gathered to annihilate Israel, Berger blamed the Jewish State, accusing it of “aggression” and its supporters of “hysteria.” Top ACJ officials resigned in protest. That same year, Ramparts magazine exposed CIA support, financial and otherwise, of AFME.
Kim and Archie Roosevelt, however, would continue their careers as high-ranking CIA officers before eventually starting a consulting business and making use of their extensive Middle East contacts.
For some college protesters, attacking Israel — and American support for Israel — might seem new and trendy. Yet, both the CIA and big oil were precisely doing that, decades ago, forming alliances with anti-American dictators, antisemitic war criminals, the press, Protestant groups, academics, university administrators, and fringe Jewish groups claiming to represent “what’s best” for American Jewry.
As William Faulkner once wrote: “The past is never dead. It’s not even past.”
The writer is a Senior Research Analyst for CAMERA, the 65,000-member, Boston-based Committee for Accuracy in Middle East Reporting and Analysis
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Canada’s economic growth projected to be about 1% in the first half of 2024
Canada is a country with a thriving Jewish community and has traditionally offered the security of a strong economy for residents. The national economic outlook is naturally something that everyone in Canada’s Jewish community keeps track of – especially those involved in business in the various provinces.
With this in mind, the July 2023 Monetary Policy Report from the Bank of Canada made for interesting reading, projecting a moderate economic growth figure of around 1% for the first half of 2024. This is in line with growth figures that had been forecast for the second half of 2023, and sees the country’s economy remain on a stable footing.
Steady projected growth for first half of 2024
Although projected economic growth of around 1% in early 2024 is not as impressive as figures of around 3.4% in 2022 and 1.8% in 2023, it is certainly no cause for alarm. But what might be behind it?
Higher interest rates are one major factor to consider and have had a negative impact on household spending nationally. This has effectively seen people with less spending power and businesses in Canada generating less revenue as a result.
Interest rate rises have also hit business investments nationally, and less money is being channelled into this area to fuel Canada’s economic growth. When you also factor in how the weak foreign demand for Canadian goods and services has hit export growth lately, the projected GDP growth figure for early 2024 is understandable.
Growth in second half of 2024 expected
Although the above may make for interesting reading for early 2024, the Bank of Canada’s report does show that economic growth is expected to pick up in the second half of the year. This is projected to be due to the decreasing effect of high interest rates on the Canadian economy and a stronger foreign demand for the country’s exports.
Moving forward from this period, it is predicted that inflation will remain at around 3% as we head into 2025, and hit the Bank of Canada’s inflation target of 2% come the middle of 2025. All of this should help the country’s financial status remain stable and prove encouraging for business leaders in the Jewish community.
Canada’s economic growth mirrors iGaming’s rise
When you take a look at the previous growth figures Canada has seen and also consider the growth predicted for 2024 (especially in the second half of the year), it is clear that the country has a vibrant, thriving economy.
This economic growth is something that can be compared with iGaming’s recent rise as an industry around the country. In the same way as Canada has steadily built a strong economy over time, iGaming has transformed itself into a powerful, flourishing sector.
This becomes even clearer when you consider that Canadian iGaming has been a major contributor to the sustained growth seen in the country’s arts, entertainment and recreation industry, which rose by around 1.9% in Q2 of 2023. The healthy state of online casino play in Canada is also evidenced by how many customers the most popular casino platforms attract and how the user experience these operators offer has enabled iGaming in the country to take off.
This, of course, is also something that translates to the world stage, where global iGaming revenues in 2023 hit an estimated $95 billion. iGaming’s global market volume is also pegged to rise to around $130 billion by 2027. These kinds of figures represent a sharp jump for iGaming worldwide and show how the sector is on the ascent.
Future economic outlook for Canada in line with global expectations
When considering the Canadian economic outlook for 2024, it is often useful to look at how this compares with global financial predictions. In addition to the rude health of iGaming in Canada being reflected in global online casino gaming, the positive economic outlook for the country is also broadly in line with expectations for many global economies.
Global growth is also predicted to rise steadily in the second half of 2024 before becoming stronger in 2025. This should be driven by the weakening effects of high interest rates on worldwide economic prosperity. With rate cuts in Canada already expected after Feb 2024’s inflation report, this could happen in the near future.
The performance of the US economy is always of interest in Canada, as this is the country’s biggest trading partner. Positive US Q2 performances in 2023, powered by a strong labor market, good consumer spending levels and robust business investments, were therefore a cause for optimism. As a US economy that continues to grow is something that Canadian businesses welcome, this can only be a healthy sign.
Canada set for further growth in 2024
Local news around Canada can cover many topics but the economy is arguably one of the most popular. A projected GDP growth figure of around 1% for Canada’s economy shows that the financial state of the country is heading in the right direction. An improved financial outlook heading into the latter half of 2024/2025 would make for even better reading, and the national economy should become even stronger.