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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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Australia to Hold Wide-Ranging Inquiry Into Antisemitism After Bondi Attack
An Australian flag sits amongst floral tributes honoring the victims of a shooting at Jewish holiday celebration on Sunday at Bondi Beach, in Sydney, Australia, Dec. 16, 2025. Photo: REUTERS/Hollie Adams
Australia will hold a Royal Commission inquiry into the Bondi Beach mass shooting in which 15 were killed, the country’s most powerful public inquiry, Prime Minister Anthony Albanese said on Thursday.
The mass shooting at a Jewish Hanukkah celebration at Sydney’s famed Bondi Beach on Dec. 14 shocked a country with strict gun laws and fueled calls for tougher controls and stronger action against antisemitism.
Police say the alleged father and son perpetrators were inspired by the Islamic State terrorist group.
Albanese said the Royal Commission, a government inquiry which can compel people to give evidence, will be led by retired judge Virginia Bell.
It will consider the events of the shooting as well as antisemitism and social cohesion in Australia, and is expected to report its findings by December this year.
“This Royal Commission is the right format, the right duration and the right terms of reference to deliver the right outcome for our national unity and our national security,” Albanese told a news conference on Thursday.
Albanese had initially resisted calls to set up a Royal Commission, saying the process would take years, which attracted criticism from Jewish groups and victims’ families who urged him to reconsider.
“I’ve taken the time to reflect, to meet with leaders in the Jewish community, and most importantly, I’ve met with many of the families of victims and survivors of that horrific attack,” Albanese said.
The government last month announced an independent review into law enforcement agencies that will assess whether authorities could have taken additional steps to prevent the attack.
That review, which will examine whether existing laws or information gaps stopped police and security agencies from acting against the alleged attackers, will now be folded into the Royal Commission, Albanese said. It is expected to report its findings in April.
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Amnesty International Refuses to Admit That Hamas Wants to Kill All Jews and Annihilate Israel
Illustration with the logo of Amnesty International on the vest of an observer of a demonstration in Paris, France, Paris, on Dec. 11, 2021. Photo: Xose Bouzas / Hans Lucas via Reuters Connect
In its nearly 200-page report on the worst massacre of Jews since the Holocaust, “Targeting Civilians: Murder, Hostage-Taking and Other Violations by Palestinian Armed Groups in Israel and Gaza,” Amnesty International omitted years of statements by Hamas leaders and language from its charter demonstrating genocidal intent against Jews.
This omission renders Amnesty’s account of the Oct. 7, 2023, attack fundamentally flawed — because it disregards strong evidence of Hamas’ genocidal intent and distorts both the nature of the massacre and Israel’s response.
According to the former Deputy Director of Amnesty’s now defunct Israel branch, Yariv Mohar, this report on Hamas’ attack was delayed by eight months. It had already been nearly finalized by the same time the organization released its December 2024 report, titled, “‘You Feel Like You Are Subhuman’: Israel’s Genocide Against Palestinians in Gaza.”
The organization, according to Mohar, told Israeli staff that the two reports would be published within weeks of one another.
According to Mohar, Amnesty delayed the Hamas report to keep the focus on Gaza, fearing that highlighting Hamas’ atrocities would undermine efforts to end the war. Mohar added that this was driven by a belief that Western audiences prefer a simplified moral narrative, and also because of Amnesty’s fear of backlash from its ultra-radical activist base.
Notably, the non-profit’s substantially longer Gaza report in 2024 used several out-of-context and debunked quotes by Israeli leaders to portray them as having genocidal intent.
Conversely, Amnesty’s treatment of Hamas sharply downplays the terror group’s own explicit ideology and objectives.
Hamas’ charter calls for the complete destruction of Israel as a condition for the liberation of Palestine, achieved through holy war (jihad). The charter specifically states that Hamas’ “struggle” is “against the Jews.”
This charter was never renounced by any of Hamas’ leaders, who have consistently called for the destruction of Israel and the Jewish people in speeches before Oct. 7, 2023, and afterwards, pledging to commit the same atrocities in the future until Israel meets its demise.
Slain Hamas leader Yahya Sinwar was recorded in Apr. 2018, saying, “We will take down the border [with Israel] and we will tear out their hearts from their bodies,” in reference to Israelis.
“Seven million Palestinians outside — enough warming up — you have Jews with you in every place. You should attack every Jew possible in all the world and kill them,” official Fathi Hammad said in July 2019. Hammad, in May 2021, called on Jerusalemites to “cut off the heads of the Jews with knives.”
Official Ghazi Hamad, on Oct. 24, 2023, declared that Israel must be eliminated and vowed repeated October 7s: “[N]obody should blame us for the things we do. On October 7, October 10, October 1,000,000 — everything we do is justified.”
In Jan. 2024, official Bassem Na’im wrote in Al Jazeera that the October 7 attack was a “scaled-down model of the final war of liberation and the disappearance of the Zionist occupation.”
While the Amnesty report includes some quotes by Hamas officials calling on Palestinians to attack Israelis, the report fails to mention the terror group’s official statements and charter — and omits that their raison d’etre is to kill Jews and wipe out Israel.
The organization also featured statements by Mohammed Deif saying that Hamas had launched the Oct. 7 attacks to end Israel’s military occupation and “its crimes,” as well as an Oct. 7 statement by Saleh Al-Arouri, then Deputy Head of the Political Bureau of Hamas, who indicated that the aims of the attacks were the liberation of the Palestinian people, breaking the siege on Gaza, stopping settlement expansion, and freeing Palestinian prisoners from Israeli prisons.
The quotes chosen by Amnesty to be featured in the report indicate that Hamas carried out the massacre for political and nationalist purposes. That is not true.
This cherry-picking sanitizes Hamas’ true motives, which are documented, consistent, and official, and leads readers to misunderstand why the massacre occurred.
Hamas’ 1988 charter describes its struggle against Jews as “extremely wide-ranging and grave” and calls on the Arab and Islamic world to support jihad against these “enemies.” It argues that Israel’s Jewish character contradicts Islam and must therefore be eliminated.
Without acknowledging Hamas’ ideology and intent, Amnesty’s legal conclusions — especially its accusations against Israel — rest on incomplete information.
October 7, 2023, was not merely a tactical or political attack, but part of an openly stated campaign to eliminate Israel. By omitting this context, Amnesty undermines its own account of October 7 and produces an unsound report.
Darcie Grunblatt is a US Media Researcher for CAMERA (Committee for Accuracy in Middle East Reporting in America).
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Israel Is Not a Cause to Me, It Is My Compass
People stand outside the International Criminal Court (ICC) as the United States is considering imposing sanctions as soon as this week against the entire International Criminal Court, in The Hague, Netherlands, Sept. 22, 2025. Photo: REUTERS/Piroschka van de Wouw
I am a pro-Israel advocate in the Netherlands with Jewish roots, and my connection to Israel is not ideologically fashionable or politically convenient.
My connection to Israel is personal, inherited, and lived. Israel has shaped my identity since childhood, long before hashtags, before October 7, and before defending Israel became socially dangerous in Europe again.
On my father’s side, my family came from Poland. They fled rising antisemitism, passed through what is now the Czech Republic, and eventually ended up in the Netherlands around 1900. On my mother’s side, the story is fragmented and partly lost by design. My grandfather was involved in resistance work during World War II, and secrecy was a survival strategy that carried over long after the war ended.
When my parents later lived in the Middle East, they voluntarily assisted Israeli intelligence. They could move freely because of a white card, and they chose to help. That choice mattered. It shaped how I was raised and what I understood early on: Israel was never an abstract state to me. It was a responsibility.
For many years, Israel viewed the Netherlands as an ally. In hindsight, that belief was painfully naïve. The historical record tells a far more uncomfortable story.
During the Nazi occupation, only a tiny fraction of the Dutch population actively resisted. Roughly 45,000 people, about half a percent, were engaged in active resistance. Even using a broad definition, only around five percent could be considered supporters of resistance. At the same time, approximately 425,000 people were investigated for collaboration. The rest of the population largely chose silence. They looked away as Jews were rounded up, deported, and murdered. Some actively helped the occupiers. Most did nothing.
That history reveals a national instinct that never truly disappeared. After October 7, the mask finally slipped. The genie came out of the bottle, and what followed was an explosion of antisemitism, often disguised as “anti-Zionism” — because open antisemitism is officially forbidden in the Netherlands. What spread through society did so faster and more aggressively than any virus I have ever witnessed.
For me, the consequences were immediate and deeply personal. Walking through Amsterdam became a nightmare. People recognized me from weekly Israel support actions and felt emboldened to curse, threaten, and intimidate me. I refused to hide my Star of David necklace, but I watched others quietly tuck away their Jewish symbols for safety. That image still haunts me.
I lost my job shortly after October 7. On November 3, 2023, I was asked a seemingly innocent question at work: “What is your favorite vacation destination?” I answered honestly: Israel. That answer cost me my livelihood.
As I searched for new work, recruiters demanded that I shut down my LinkedIn company page, which at the time had around 90,000 followers. The reason was obvious. I refused. As a result, my chances of employment collapsed. I was rejected repeatedly — and explicitly — because of my visible pro-Israel stance.
Because my company was registered at my home address, the harassment followed me there. Eggs were thrown against my windows. A dead pigeon was left at my door in a bag. I received threats, online and offline, telling me I would be gassed.
These were not anonymous global trolls. This was my reality in the Netherlands.
Social media platforms, especially LinkedIn under Microsoft’s ownership, played a disgraceful role. Pro-Israel voices and Jewish advocates who spoke factual truths were targeted, restricted, or silenced, while open Nazi rhetoric, incitement, and fabricated “Pallywood” narratives were allowed to spread with impunity. The message was clear: Jewish safety and truth were expendable.
The years since 2023 have taken a severe toll on my mental health. Depression, exhaustion, and a deep alienation from Dutch society became constants. At the same time, my longing for Israel intensified. Eventually, I made a decision that felt inevitable: I would try to live and work for Israel full time. I began the Aliyah process, believing that my commitment, experience, and lifelong dedication would matter.
They did not.
Because I can only provide indirect proof of my Jewish roots, and because I refuse to convert to Judaism for the wrong reasons, my path to Aliyah has been blocked. The Jewish Agency declined to consider special circumstances. I wrote letters to the President’s office, to the Prime Minister, and to other officials. I reached out again and again.
From the Israeli side, I received silence. No response. No explanation. Only closed doors.
That silence broke something in me. Not because I feel entitled, but because I know, without arrogance, that I could contribute more to Israel than many others. I am not driven by religion; I have none. I am not driven by political camps or prejudices. I am driven by loyalty, truth, and responsibility.
Israel is not a trend to me. It is not negotiable. It is not conditional. It is my priority, always. Even when the world turns hostile. Even when allies reveal themselves to be illusions. Even when the doors I knock on remain closed.
I will not stop standing with Israel. History has taught me what silence does. I refuse to repeat it.
Sabine Sterk is CEO of Time To Stand Up For Israel.
