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Condoms and tikkun olam: An Orthodox woman strives to aid sex workers in Prague

PRAGUE (JTA) — Not long after she puts away her silver Shabbat candlesticks and home-baked challah, Yael Schoultz walks through a cavernous hallway, and up a set of gray concrete stairs. Past a door, she finds a group of heavily made-up women in red and black G-strings and spike heels, listlessly beckoning men for sex in return for cash.

Schoultz, 43, spotted about 30 women at the Prague brothel floating from room to room in various states of undress — negligees, see-through bras — with accents as varied as their lipstick shades. Some are smiling, some appear bored as they play games on their phones, others are trying to woo potential clients with a simple, “Come have a good time, come to my room.”

It’s a typical Saturday night post-Shabbat routine for Schoultz, an Orthodox Jewish South African who recently launched L’Chaim, an organization dedicated to helping sex workers in the Czech Republic.

Schoultz and her colleagues engage the women with friendly banter about health and the weather, careful not to interrupt those with customers. The L’Chaim volunteers collectively carry a few hundred free condoms along with high-end soaps and hand-crafted bracelets.

“The girls always ask for extras for their friends,” Schoultz said.

Schoultz, who has been visiting Czech brothels since she moved to Prague in 2011, is not a mere purveyor of gifts. Her goal is to establish a rapport with the women she meets so that they can leave the business of sex work if they so wish. And her Jewish faith is a core driver of Schoultz’s quest to provide a better life for the sex workers.

“Some of the women have been trafficked,” she explained, referring to the term governments and human rights advocates use to describe a contemporary form of slavery. “There are girls who were tied up for days and raped, even by the police. Some might seem to be in the brothel voluntarily, but not really, because they owe a lot of money on a debt and feel sex work is only way they can pay it back.”

Dressed in black from head to toe, in what a fashion magazine might describe as modest goth, Schoultz is a veteran of global anti-trafficking efforts. A few decades ago, while teaching English in South Korea, Schoultz volunteered for an organization that was trying to stop the trafficking of North Korean women to China. At the same time, she was getting a master’s in theology and wanted to move to Europe to get her doctorate, which was possible at Prague’s Charles University.

“When I got to the Czech Republic, I started looking for people who were working on the trafficking issue and found three women: a Catholic nun and two Protestant missionaries. All of them were in their 60s,” Schoultz said.

Schoultz asked if she could join them in their visits to brothels.

“I just went in and started talking to women, about really anything. Language wasn’t a barrier because most sex workers speak English,” she recalled. “But it was a bit weird walking into these places with a nun in full habit.”

After a few months Schoultz began to feel uncomfortable — not with the sex workers, but with her philanthropic colleagues’ proselytizing and “religious agenda.”

“I wasn’t interested in giving out Virgin Mary medallions,” she said.

Schoultz, who teaches English at an international school in Prague, started her own informal volunteer group to help sex workers in 2012, while also embarking on a deeply personal Jewish journey.

Although she believes her father has “Jewish ancestry,” Schoultz was brought up in a Protestant home. Still, she long maintained a deep interest and connection to Judaism which intensified when she pursued her studies in theology. For several years, she regularly attended Orthodox services at 13th-century Old New Synagogue and volunteered for the Prague Jewish Community’s social services department before completing an Orthodox conversion in 2020 with Israeli rabbi David Bohbot. She has now begun her master’s degree in Jewish Studies at the Ashkenazium in Budapest, a division of the secular Milton Friedman University operated by the Hasidic Chabad-Lubavitch movement.

“From the beginning when I knew I wanted to make the conversion, Orthodox Judaism was something I agreed with theologically, it is where I felt most comfortable,” said Shoultz, who describes herself as Modern Orthodox.

Rabbi Dohbot praised Schoultz’s dedication. “This work she does is noble, and isn’t that what most big religions are based on? Showing love and respect for others?” he said.

Schoultz completed an Orthodox conversion to Judaism in 2020. (Courtesy of Schoultz)

Last year, Schoultz achieved another transitional milestone: obtaining Czech government recognition of L’Chaim as a registered nonprofit.

Although L’Chaim is a secular organization, Schoultz sees her work through the lens of tikkun olam, the rabbinical command to repair the world.

“I feel like as a Jewish person, you’re supposed to bring light to the world,” said Schoultz. “And the sex industry is very dark, because even if you choose to be a sex worker, it’s not a job that anybody really enjoys as the customers are often drunk or abusive.”

“It might sound strange, but I feel very connected to Hashem when I am in the brothel, because he is there for me, and for these women too,” she added, using the preferred Orthodox Hebrew term for god.

Schoultz’s co-volunteers, who are mostly not Jewish, are aware of her commitment to the faith.

“After Yael started getting serious about Judaism, she found her path, she was more complete and found her purpose,” said Natalia Synelnykova, who worked with Schoultz to launch L’Chaim. “Everyone would say that their friends are unique, but I have rarely met someone who is so human-centered as Yael, and that is definitely linked to how she sees Judaism.”

Schoultz named her new organization L’Chaim — to life, in Hebrew — as a message to those she seeks to help.

“We want the women in the brothels to have a life because a lot of them feel like they don’t have any life, like they’re barely making it,” she said.

There are about 100 brothels in Prague, according to media reports, and roughly 13,0000 sex workers in the Czech Republic, of which about half are thought to be single mothers. Although sex work is legal, pimping is not, so the brothels operate in a murky legal area that legislators have been trying to address for decades.

Once a hotspot for human trafficking, today the Czech Republic has a relatively low rate of human sex slavery according to government statistics. But Schoultz said the numbers are misleading.

“No one really knows how many trafficked women there are in the country,” she said.

A U.S. State Department report praised the Czech Republic’s efforts to limit trafficking but also noted that the country is more focused on prosecutions of criminals rather than on helping victims. Their stories stay with Schoultz.

“I meet many Nigerian women who may not be locked up in a room, but they are locked up by Juju,” she said, referring to a form of “black magic” that some Nigerian traffickers reportedly use to scare women into prostitution.

She also counsels “Romanian girls who are initially romanced by men that turn out to be traffickers.” A man will have many women he calls “wives,” and each one has a baby with him, “The women give him all their money to support the baby who he keeps as a form of collateral in Romania,” Schoultz said.

(Shoultz turned down JTA’s request for contacts of sex workers she has helped, noting that this would violate L’Chaim’s promise of confidentiality).

The Czech Republic’s leading anti-trafficking organization, La Strada, takes a different orientation towards sex work than L’Chaim, focusing on it more as a legitimate profession that should be organized and regulated.

“We believe women are fully able to decide for themselves if they want to be sex workers and our goal is to provide safety for those who do so, to help them organize, fight stigma and have the rights of all other workers,” said Marketa Hronkova, La Strada’s director. La Strada defines trafficking strictly as those who are physically coerced or blackmailed into providing labor.

Hronkova said there are many sex workers who choose their profession willingly and that it is patronizing and often damaging when those who say they want to help focus exclusively on “pushing women to exit a path they have chosen, as if they have no minds of their own.”

The alternative to sex work, for a single mother, can often put her in an even worse financial situation, she noted. “Our goal is to make sex work safe, not to get women to stop doing it,” said Hromkova.

Concerning L’Chaim, she said as long as its aim was listening to women, and not making them feel ashamed, it could be helpful. La Strada already cooperates with another Czech organization, Pleasure Without Risk, which maintains a neutral stance towards sex work and provides women with access to testing for sexually transmitted diseases as well as counseling.

L’Chaim’s goal, Schoultz explained, is to identify who might be trafficked and provide them with the confidence and practical resources to rebuild their lives. But since getting access to the women requires earning the trust of brothel owners and managers, L’Chaim doesn’t advertise itself as an anti-trafficking group.

“We show up as providing support to women in prostitution, that gets us in the door,” she reflected. L’Chaim has about a dozen volunteers.

It can take Schoultz six months of relationship building before she finds out what brought the client into sex work.

“We start by talking about her kids, talking about her dogs,” said Schoultz “and eventually their stories come out, many involving abuse, trauma and mental health problems.”

She estimated that at the 13 or so brothels she regularly visits in Prague and Brno, at least half the sex workers were not there on a fully voluntary basis.

In the future, Schoultz hopes to create trafficking awareness campaigns and help the customers of sex workers recognize the signs that a woman is working against her will.

The brothel owners are not always pleasant to deal with, Scholtz acknowledged.

“At one place an owner came behind me and kissed my neck on the back of my neck. It was really creepy,” she said.

And despite her modest dress, or tznius, in keeping with her Orthodox values, she said she was pursued by a brothel customer to participate in “group sex.” She fended him off calmly by explaining that she “offered services, but not those kinds of services.”


The post Condoms and tikkun olam: An Orthodox woman strives to aid sex workers in Prague appeared first on Jewish Telegraphic Agency.

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Candace Owens Claims US ‘Being Held Hostage by Israel,’ Suggests Zionists Killed JFK

Candace Owens speaks at CPAC on March 2, 2023. Photo: Lev Radin via Reuters Connect

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
The post Hating Israel Isn’t New; How the CIA and State Department Undermined the Jewish State first appeared on Algemeiner.comhttps://www.algemeiner.com/.

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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.

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