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Mike Pence and the Jews: What to know as he begins a presidential campaign

WASHINGTON (JTA) — Until the Jan. 6 insurrection, Mike Pence made sure to stay on the same page as Donald Trump — except, sometimes, when it came to the Jews. 

Both men delighted the pro-Israel establishment — Trump by fulfilling a long wishlist of Israel’s right-wing government, Pence by proving himself as a stalwart Christian Zionist through years in elected office. But just weeks after Trump assumed office, the difference in how each man approached Jewish anxieties was already stark. 

Jewish community centers and other Jewish institutions were getting bomb threats, and a Jewish journalist asked the president what he planned to do about antisemitism. Trump lashed out, accusing the reporter of lying and quipping, “Welcome to the world of the media.”

A week later, Jews in St. Louis were reeling after a vandal knocked over over 150 tombstones in a Jewish cemetery. Pence was in town and took the opportunity to condemn the bomb threats and the vandalism as “a sad reminder of the work that still must be done to root out hate and prejudice and evil.” Then, he headed over to the cemetery, picked up a rake and helped clean up the mess.

Pence’s bid is the longest of shots. He polls in the low single digits, while Trump leads in the polls. The former president routinely depicts Pence as a traitor for not trying to hand him the election when Pence presided over the certification of the electoral vote on Jan. 6, 2021. Pence, meanwhile, has said Trump’s behavior that day endangered his family. If Pence does succeed in unseating his old boss, it will be because he’s tapped into a deep thirst among some Republicans for a more conventional candidate to wean the party off Trump. 

No matter how he does in the race, here’s what you need to know about Mike Pence and the Jews.

He has been pro-Israel from the get-go

First elected to the U.S. House of Representatives as an Indiana Republican in 2000, Pence made clear from the outset that defending Israel was among his priorities.

“My support for Israel stems largely from my personal faith,” he told Congressional Quarterly in 2002. “God promises Abraham, ‘those who bless you, I will bless, and those who curse you, I will curse.’”

In his autobiography published last year, “So Help me God,” he credits his interest in Israel and in Jewish issues to his late sister-in-law, Judy, “an elegant, sophisticated young woman from a prominent Jewish family in Milwaukee” who married his brother, Thomas, “a pickup-driving, dirt bike-riding, banjo-playing country boy from southern Indiana.” Pence wrote, “She made him a better man.”

For years, he has placed a quote from the Biblical book of Jeremiah above the fireplace in his personal and then his official residences — in the governor’s mansion in Indiana and then in the vice president’s residence in Washington, D.C: “For I know the plans I have for you, plans to prosper you, and not to harm you, plans to give you a hope, and a future.”

“They’re words to which my family has repaired to as generations of Americans have done so throughout our history, and the people of Israel through all their storied history have clung,” Pence told a conference of Christians United for Israel in 2017.

In Congress, Pence took the lead in advancing pro-Israel legislation, especially in defending the barrier Israel built cutting through portions of the West Bank to shield Israel and some of its settlements from terrorist attacks. Together with Rep. Ron Klein, a Florida Democrat, and the late Tom Lantos, a California Democrat who was the only Holocaust survivor elected to Congress, he co-founded the House’s antisemitism task force. 

Lantos, Pence said in his autobiography, had a profound influence on him. “He and I almost always disagreed on politics, but I was always inspired by his moral clarity and courage,” he wrote. Klein now chairs the Jewish Democratic Council of America.

As Indiana governor in 2016, Pence enacted the first state law banning state business with firms that support the boycott, divestment and sanctions movement targeting Israel, known as BDS. The bill also applied to businesses that boycott Israel’s settlements — one of the first pieces of legislation to erase the line between Israel and the West Bank.

Later that year, the Republican Jewish Coalition effusively praised Pence’s selection as Trump’s running mate, calling him “a critical leader and important voice regarding Israel during his time in the House and as governor.”

He attended every policy conference of the American Israel Public Affairs Committee during the Trump administration; Trump avoided all of them.

His evangelical beliefs shape his domestic policy

One of the most prominent issues of the 2024 election will be abortion, following the Supreme Court’s repeal of Roe v. Wade last year. The decision gave states the authority to determine reproductive rights and led to the swift narrowing of abortion access in many states. On abortion and other issues including LGBTQ rights, Pence departs from most of the Jewish community, where support for abortion access and LGBTQ issues are high. 

A number of Republicans — chief among them Trump — believe that the party should take the win and not pursue further abortion restrictions, arguing that the decision last year contributed to Republican losses in the midterm elections.

Not Pence: he wants to ban abortion nationwide. “Having been given this second chance for life, we must not rest and must not relent until the sanctity of life is restored to the center of American law in every state in the land,” he said after the court’s decision.

Pence also has a long career of opposing LGBTQ rights. When he was governor, he sought to exempt Indiana from a Supreme Court ruling recognizing same-sex marriages. As a congressman, he opposed funding for outreach to HIV patients that he said promoted gay lifestyles. (His handling of an HIV outbreak in Indiana is understood to have worsened it.)

As Indiana governor in 2015, Pence signed one of the most far-reaching state laws allowing businesses to decline to serve LGBTQ customers. Businesses threatened to boycott the state, and he soon signed modified legislation that increased protections for LGBTQ people. 

Months later, Pence was facing questions about why he pushed through the law from the Republican Jewish Coalition, a group that trends moderate on social issues and whose director said members had “a lot of questions” about the legislation. His tone was apologetic. “Ultimately we adopted a few reforms and made it clear this was a shield, not a sword,” he said of the bill.

He was the Trump administration’s top trauma whisperer for the Jews

During his time as vice president, Pence was often the favored spokesman when tragedy befell the Jews. 

In 2018, at a Trump administration religious freedom event, Pence singled out the threats of violence faced by Jews in Europe, including in countries seen as allies by Trump.

“While religious freedom is always in danger in authoritarian regimes, threats to religious minorities are not confined to autocracies or dictatorships,” he said “They can, and do, arise in free societies, as well — not from government persecution but from prejudice and hatred.”

The same year, he said he was “sickened and appalled” at Nazi graffiti on an Indiana synagogue he knew well. 

In 2019, he and his wife visited the Chabad synagogue in Poway, California, after a deadly attack by a white supremacist. “We had to come,” he told the rabbi.  

The same year, he toured Auschwitz and the next year, he attended the Fifth World Holocaust Forum at Yad Vashem, Israel’s Holocaust memorial.  

Some efforts to mark Jewish tragedy went awry. In 2018, when Pence marked International Holocaust Remembrance Day, Jewish figures chided him for imbuing Christian imagery in his celebration of Israel’s founding in the wake of the Holocaust. “A few days ago, Karen & I paid our respects at Yad Vashem to honor the 6 million Jewish martyrs of the Holocaust who 3 years after walking beneath the shadow of death, rose up from the ashes to resurrect themselves to reclaim a Jewish future,” he said on Twitter.

It was not the last time a Pence event would bring Christian themes into Jewish mourning. Pence was scheduled on Oct. 29, 2018, to campaign in Michigan for a Jewish Republican running for Congress, Leah Epstein. 

Two days earlier, a gunman massacred 11 Jewish worshippers at a synagogue in Pittsburgh, the worst-ever attack on Jews in U.S. history. Epstein invited a Messianic Jewish leader to deliver a prayer. Messianic Jews, who call their spiritual leaders rabbis, believe in the divinity of Jesus, and Jewish groups took offense. That led Pence’s folks to scramble to tell reporters that he was unaware that the rabbi was not, in fact, Jewish.

Pence was not among the many Trump administration figures and supporters who urged the president to walk back his “very fine people on both sides” equivocation after a neo-Nazi march in Charlottesville, Virginia, in August 2017 in which a counter-protester was killed. The vice president defended his boss: “I stand with the president,” he said when asked about Trump’s statements.

Trump-Pence vs. Trump

Pence, increasingly at odds with his former boss since their Jan. 6, 2021, falling-out, has a unique way of distinguishing Good Trump from Bad Trump: He portrays the administration’s wins as “Trump-Pence” policies, while the not-so-salutary stuff is Trump’s alone. 

That dynamic was in evidence last November at the annual conference of the Republican Jewish Coalition in Las Vegas, when Pence was among an array of presidential prospective candidates to speak, including DeSantis, Nikki Haley and Trump himself.

Moving the embassy to Jerusalem? “Trump-Pence.” “It was the Trump-Pence administration that kept our word to the American people and our most cherished ally, when we moved the American embassy to Jerusalem, the eternal capital of the state of Israel,” Pence said.

As for Trump’s false claims that he won the 2020 election? Pence didn’t directly name the former president, but differentiated himself from him.

“The American people must know that our party keeps our oath to the Constitution even when political expediency may suggest that we do otherwise,” Pence said then. “We must be the leaders to keep our oath even when it hurts.”

Will he get Jewish funding?

Until filing papers on Monday, Pence’s main vehicle for fundraising has been a 501(c)4, a political advocacy group that is not required to reveal donors or extensive financial information. Advancing American Freedom has said its aim is to raise tens of millions of dollars to promote Pence’s favored conservative causes.

Now that he’s in the race, it will be interesting to watch where Pence draws Jewish support. One clue may be in a plane ride: Last year, Pence went on a campaign style tour of Israel and Ukraine. Loaning him the plane was Miriam Adelson, the widow of casino magnate and Republican kingmaker Sheldon Adelson. 

Adelson has since said she’s not planning to get involved in the GOP primaries.


The post Mike Pence and the Jews: What to know as he begins a presidential campaign 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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