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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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Skipping breakfast: Does it help you lose weight or is it bad for your health?

Breakfast is known to be an important meal – and yet many people leave the house without it. But what are the consequences for your health if you skip breakfast?

Whether it’s because of time pressure, to lose weight or because you’re not hungry yet – many people skip breakfast in the morning. There are different opinions. But to really have full energy for your next round at Betamo casino Canada you better not skip this very important meal.

Skipping breakfast: A good idea to lose weight?

Skipping breakfast is a common weight loss tip. Provided that you save the calories for breakfast and don’t eat them with another meal. This assessment is supported by studies:

A meta-analysis from 2023 found a significant correlation between skipping breakfast and a reduction in body weight.

A study from 2020 shows similar results: Skipping breakfast had a slightly positive effect on weight loss.

Another analysis from 2019 also shows that the study participants who skipped breakfast had a small – but significant – weight reduction of just under half a kilo.

However, these studies only show slight effects on weight and appetite. What’s more, some of the scientists also point to negative effects.

Skipping breakfast: What speaks against it

There are many voices that clearly speak out against skipping breakfast. For example, Anja Bosy-Westphal, President of the German Society for Nutritional Medicine, told Zeit magazine that skipping breakfast does not help to maintain lost weight in the long term. “People who skip breakfast for a long time are more likely to be overweight,” explains the expert. The effect persists even if other unhealthy habits are ruled out as the cause.

Skipping breakfast increases the risk of diabetes and obesity

In order to maintain your weight and eat healthily, you should therefore eat breakfast. Bosy-Westphal goes on to explain that glucose and energy metabolism work less efficiently in the morning. “If I eat the same meal once for breakfast and once for dinner, the blood sugar level rises less in the morning.” On the other hand, more calories are burned immediately after eating.

In the evening, the effect is reversed and we store more energy. The expert is generally in favor of never skipping a main meal. However, if someone “absolutely” wants to do this, for example because they are intermittent fasting, she says it should ideally be the evening meal.

Eating breakfast regularly has a positive effect on blood sugar levels and prevents diabetes. Conversely, according to Bosy-Westphal: “The more often you skip breakfast, the higher the risk of developing diabetes”. This is because eating early in the day helps the body to adjust the metabolism correctly and reduces the risk of obesity and metabolic diseases.

Increased risk of cardiovascular disease

Another negative effect associated with skipping breakfast is an increased risk of cardiovascular disease. A study from 2023 shows: A late first meal of the day (for example, by skipping breakfast) is associated with an increased risk of cardiovascular disease. Every hour later (9 a.m. instead of 8 a.m.) increased the risk by 6 percent.

Skipping breakfast to lose weight: A good idea?

Whether skipping breakfast really helps you lose weight is controversial – some experts even suspect the opposite. At the same time, the scientists point out that breakfast is not the only thing that matters. This is because the participants who ate late drank more alcohol, went to bed later and ate more irregularly compared to those who ate early.

Skip breakfast: This is the recommendation of the DGE

The overall study situation is not clear. The results are partly limited by methodological weaknesses such as small study sizes and the fact that physical activity was not recorded. The German Nutrition Society (DGE) therefore does not currently give a clear recommendation as to whether skipping breakfast helps with weight loss or not:

At present, no scientifically validated statement can be made regarding the relationship between meal frequency and body weight regulation in healthy adults, so the German Nutrition Society (DGE) makes no recommendation in this regard. The energy balance is decisive for the development of body weight.

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How often you should cycle per week to get fit

Cycling is an excellent way to get or stay fit. But how often, how long and how intensively should you cycle to achieve this?

What does it actually mean to be fit? The word “fit” means nothing more than “suitable”. However, we generally understand “fit” as a certain level of training that is not only healthy, but also makes many everyday things easier for us – for example, just catching a streetcar or playing tag with the children. Last but not least, basic fitness can be a basis for more ambitious training or sporting goals (a long bike ride, a 10-kilometer run or similar).

Cycling is basically a very good way to get or stay fit, as it trains our endurance and most major muscle groups, is easy on the joints and, in terms of intensity, is easy to control. Numerous studies also show that cycling is healthy and a good option for building up fitness. But who should cycle how often and for how long is very individual and depends above all on the current state of training and health. So you will be calm after and can focus completely on National Casino.

This is how often and how fast beginners should (be able to) cycle

Let’s assume that you want to do something for your fitness again after a long break from sport. The best way to start is to take stock: grab your bike and go for a ride to see how long you can keep going and at what pace. If you haven’t exercised for a very long time or have never done so regularly and/or suffer from pre-existing conditions, you should check with your doctor beforehand whether and how much strain you can put on your cardiovascular system.

After taking stock, you should start training slowly. In the beginning, it is enough for beginners to cycle on flat terrain for 20 to 30 minutes about three times a week.

Now for the right intensity and the right pace: For (re)beginners, the following applies: If you still have just enough air to keep yourself entertained while riding, then you’re on the right track. If you want, you can of course also train with a heart rate monitor, where the target heart rate for most people is around 120 to 130 beats per minute. However, as the exercise heart rate is very individual and depends on many factors such as age, training condition, etc., intensity control via the “conversation test” works at least as well.

If you are riding on flat terrain, you will probably reach a speed of around 18 to 20 kilometers per hour in calm conditions.

Building fitness means building new habits

This training area is called the foundation area, by the way, and this is precisely your most important goal: laying a solid foundation for your fitness. Continuity is crucial, especially at the beginning – so really try to cycle three times a week – even if it’s only 15 minutes, that’s still better than not cycling at all. This will help you get into a steady rhythm and each time you cycle it will be easier for you to get going.

According to studies, it can take up to three months for new habits to become so integrated into your life that you find them as easy as brushing your teeth – so keep at it!  

If you then have no problem sticking to the basics for around 30 to 40 minutes three to four times a week, you will have built up a solid base level of fitness. This will also help you achieve the WHO’s recommended exercise target of at least 150 minutes of exercise per week. Once you have reached this basic level of fitness, you can of course always increase your training, depending on your goals.

Combining cycling with strength training

Cycling is very good endurance training. However, it is also important for our health and fitness to train our strength. Otherwise, as we get older, we lose muscle mass, which can lead to back pain and the like, but also promotes weight gain – because muscles use energy and therefore calories even at rest. Strength training also improves your performance on the bike.

All it takes is 10 to 15 minutes two to three times a week. And you don’t have to go to the gym or buy any equipment. Classic exercises such as push-ups or squats are very effective and anyone can easily do them at home.

Tip: There are many practical apps with short workouts that strengthen the entire body, for example the free app Seven – 7 Minute Workout (for Apple or Android devices). It gives you suggestions for exercises and – especially important for beginners – shows you the correct exercises to do.

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Sleepmaxxing: Sleep better with these tips

Sleepmaxxing is trending on social media: targeted tricks and habits are designed to make your sleep as restful as possible. We explain what the hype is really about.

If you’re active on social media, you’ve probably heard the term “sleepmaxxing”. At the end of 2024, this tag already had 98.6 million posts on TikTok. This term, which literally means “maximizing sleep”, i.e. “getting the most out of your sleep”, is all about getting the perfect night’s sleep. From an optimized sleeping environment to the ideal evening routine, nothing is left to chance with Sleepmaxxing – all for the purpose of perfect nightly rest for your next round of TonyBet Canada.

Sleepmaxxing – what really works?

As is so often the case with health tips on social media, the Sleepmaxxing methods should also be taken with a grain of salt. Most of the popular tips for better sleep are not scientifically proven and will definitely not be the panacea they are promoted as on TikTok and the like.

However, some behaviors can actually help you improve your sleep quality or fall asleep faster. Here are some tips that can help you sleep better.

1. evening routine for better sleep

Fixed bedtimes and other rituals can benefit the quality of your sleep. Regular rituals help your body to adjust better to sleep. You can try out these methods, for example:

  • Fixed bedtimes: If possible, go to bed at the same time every day and get up at the same time – even at the weekend. This stabilizes your sleep rhythm and the hormone balance that controls your tiredness.
  • Avoid screens in the evening: The blue light from cell phones, laptops and televisions inhibits the production of the sleep hormone melatonin. Put your cell phone away at least an hour before going to bed and try using blue light filters if you like.
  • Relaxation rituals: Reading, meditation or a warm shower can help you to calm down more quickly.
  • Sleeping tea instead of caffeine: Avoid coffee or energy drinks in the evening. Instead, opt for herbal teas with valerian or lavender.

2. create the ideal sleeping environment

Your sleeping environment can have a major impact on the quality of your sleep. Your environment has a big impact on the quality of your sleep. With a few adjustments, you can significantly improve the conditions for restful sleep:

  • Darkness: Sources of light at night disturb your internal clock. Darken your bedroom as much as possible or use a sleep mask.
  • Quiet: Noise can interrupt your sleep. Earplugs or a white noise app can help combat noise.
  • Cool temperature: The optimum sleeping temperature is between 16 and 19 degrees Celsius. You should briefly air your bedroom twice before going to bed.
  • Comfortable mattress and pillow: A sagging mattress or the wrong pillow can massively affect your quality of sleep. Make sure your back and neck are well supported and find the right type of mattress for you.

3. diet and exercise for better sleep

Those who live healthily also sleep better: diet and exercise can influence your sleep. Diet and exercise also have a major influence on your sleep. The following tips can contribute to a healthier sleep:

  • No heavy food before sleep: fatty or highly seasoned foods can put a strain on your digestion and disrupt your sleep.
  • No alcohol to help you sleep: Although alcohol makes you tired, it worsens the quality of your sleep and makes for restless nights.
  • Regular exercise: Exercising helps you to sleep better – but intensive training directly before bedtime can keep you awake. It’s therefore better to schedule your workout for the morning or afternoon.

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