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Book bans, Ukraine and the end of Roe: The year 2022 in Jewish ideas

(JTA) — Jewish eras can be defined by events (the fall of the Second Temple, the Inquisition, the founding of Israel) and by ideas (the rabbinic era, emancipation, post-denominationalism). A community reveals itself in the things it argues about most passionately.

It’s too early to tell what ideas will define this era, although a look back at the big debates of 2022 suggests Jews in North America will be discussing a few issues for a long time: the resurgence of antisemitism, the boundaries of free speech, the red/blue culture wars.

Below are eight of some of the key debates of the past year as (mostly) reflected in the Jewish Telegraphic Agency’s opinion section (which I have a hand in editing). They suggest, above all, a community anxious about its standing in the American body politic despite its strength and self-confidence.

Antisemitism and the Black-Jewish alliance

The rapper Kanye West spread canards about Jews and power. Brooklyn Nets star Kyrie Irving shared an antisemitic film on Twitter. And comedian Dave Chappelle made light of both incidents on “Saturday Night Live,” suggesting comics like him had more to fear from cancellation than Jews did from rising antisemitism. The central roles played in these controversies by three African-American celebrities revived longstanding tensions between two communities who haven’t been able to count on their historic ties since the end of the civil rights era. The war of words was particularly vexing for Jews of color, like the rabbi known as MaNishtana and Rabbi Kendell Pinkney — who wondered whether “my mixed Jewish child will grow up in an America where she feels compelled to closet aspects of her identity because society cannot hold the wonder of her complexity.”

Jewish attitudes toward Ukraine 

Russia’s war on Ukraine stirred up complex feelings among Jews. It led to an outpouring of support for the innocents caught up in or sent fleeing by Russia’s invasion, and the Jewish president who became their symbol of defiance. It reinvigorated a Jewish rescue apparatus that seemed to have been in hibernation for years. And it probed Jews’ memories of their own historic suffering in Ukraine, often at the hands of the ancestors of those now under attack.  

Jews and the end of Roe v. Wade

In June the U.S. Supreme Court voted 5-4 to overturn Roe v. Wade. It was an unthinkable outcome for liberal Jewish activists, women especially, who for 50 years and more had regarded the right to an abortion as integral to their Jewish identity and political worldview. Before the decision came down, Jewish studies scholar Michael Raucher questioned long-held Jewish organizational views that justified abortion only on the narrowest of religious grounds without acknowledging that women “have the bodily autonomy to make that decision on their own.” Conversely, Avi Shafran of Agudath Israel of America welcomed the end of Roe on behalf of his haredi Orthodox organization, writing that the rabbis “who guide us indisputably hold that, absent extraordinary circumstances, terminating a pregnancy is a grave sin.” Responding to Shafran, Daphne Lazar Price, an Orthodox Jewish feminist, argued that even in her stringently religious community, getting an abortion is a “conscious choice by women to follow their religious convictions and maintain their human dignity.”

Colleyville and synagogue safety 

A police chaplain walks near the Congregation Beth Israel Synagogue in Colleyville, Texas Jan. 15, 2022. (Andy Jacobsohn/AFP via Getty Images)

After a gunman held a rabbi and three congregants hostage at a Colleyville, Texas synagogue in January, Jewish institutions called for even tighter security at buildings that had already been hardened after the Pittsburgh synagogue massacre in 2018. And yet for some, the sight of armed guards and locked doors undermines the spirit of a house of worship. Raphael Magarik of the University of Illinois Chicago argued that the Colleyville incident shouldn’t lead to an overreaction, especially when congregations are struggling to come back together after the pandemic. Rabbi Joshua Ladon warned about the “impulse to allow fear to define our actions.” Meanwhile, Jews of color said armed guards and police patrols can make them feel unsafe. In a powerful response, Mijal Bitton and Rabbi Isaiah Rothstein of the Shalom Hartman Center wrote that Jewish institutions must think in “expansive and creative ways about how to fight for our combined safety in a way that takes into account the rich ethnic and racial diversity of our communities.” 

Anti-Zionism, antisemitism and “Jew-free zones”

When nine student groups at UC Berkeley’s law school adopted by-laws saying that they will not invite speakers who support Zionism, the Jewish Journal in Los Angeles ran an op-ed with the provocative headline, “Berkeley Develops Jewish Free Zones.” In the essay, Kenneth L. Marcus, who heads the Brandeis Center for Human Rights Under Law, argued that “Zionism is an integral aspect of the identity of many Jews,” and that the bylaws act as “racially restrictive covenants,” precluding Jewish participation. Defenders of the pro-Palestinian students countered that groups often invite only like-minded speakers, and that while being Jewish is an identity, Zionism is a political viewpoint. Faculty, politicians and activists weighed in on both sides of what has become a central debate on campuses and beyond: When does anti-Zionism become antisemitism, and how do you balance free speech rights against the claims by some students that their personal safety hangs in the balance?

“Maus” and school book bans

A Tennessee school board voted to remove  “Maus” — Art Speigelman’s epic cartoon memoir about the Holocaust — from middle-school classrooms. (JTA photo)

Caught up in an epidemic of book-banning were Jewish books for children and young adults, a list that includes “The Purim Superhero,” “Family Fletcher” and “Chik Chak Shabbat.”  A Texas school board removed a 2018 graphic novel adaptation of Anne Frank’s diary. But perhaps the highest profile case of a Jewish-interest book being banned came when a Tennessee school board voted to remove  “Maus” — Art Speigelman’s epic cartoon memoir about the Holocaust — from middle-school classrooms, citing its use of profanity, nudity and depictions of “killing kids.” Coverage of the ban misleadingly depicted “Maus” as an introduction to the Shoah for young adults, while Speigelman recently noted that he had become a reluctant “metonym” for the book-banning issue. Jennifer Caplan explained why the book is indispensable: “‘Maus’ forces the reader to bear witness in a way no written account can, and the [illustrations] are especially good at forcing the eye to see what the mind prefers to glide past.”  

Artificial intelligence and real-life dilemmas

Artificial intelligence, or AI, has become a fact of corporate life, with computing advances that power robotic automation, computer vision and natural-language text generation. But what captured the public imagination — and dread — this year were sites like Dall-E, which threatened the livelihood of graphic designers by generating original, credible illustrations with no more than a simple prompt, and ChatGPT, which is able to expound cogently and humanly on practically any topic. Beyond everyday ethical dilemmas (“Can I write my book report using ChatGPT?”) AI raised profound questions about what it means to be human. “Rabbis have historically been very open to the idea of nonhuman sentience and have tended to see parallels between humans and nonhumans as an excuse to treat nonhumans better,” wrote David Zvi Kalman in an essay on the prospect of creating artificial life. Similarly, Mois Navon suggested in JTA that “if a machine is sentient, it is no longer an inanimate object with no moral status or ‘rights’ … but rather an animate being with the status of a ‘moral patient’ to whom we owe consideration.

A Pulitzer for “The Netanyahus”

Author Joshua Cohen won the 2022 Pulitzer Prize in Fiction for his novel “The Netanyahus.” (Roberto Serra—Iguana Press/Getty Images)

Joshua Cohen was the somewhat surprising winner of the Pulitzer Prize in Fiction for his novel “The Netanyahus: An Account of a Minor and Ultimately Even Negligible Episode in the History of a Very Famous Family.” Or maybe not so surprising: The book is a fictionalized treatment of a real-life visit in the late 1950s by the Israeli historian Benzion Netanyahu for a job interview at a university very much like Cornell. With Benzion’s son Benjamin angling for an ultimately successful return to office in real life, a satire about Jewish power, right-wing Zionism and Israeli self-regard might have seemed to the judges very much of the moment. As critic Adam Kirsch wrote in a JTA essay, Cohen concludes that both American and Israeli Jewish identities “are absurd, crying out for the kind of satire that can only come from intimate knowledge.” Others weren’t amused. Jewish Currents criticized the novel for being derivative of both Philip Roth and Saul Bellow, and the Jewish Review of Books said that the novel includes “a capsule history of Zionism that is so blatant a distortion that I just gave up.”


The post Book bans, Ukraine and the end of Roe: The year 2022 in Jewish ideas 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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