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Dramatic stories of survival, endurance and escape reign as Ukrainian Jews mark 1 year of war

(JTA) — Most of the passengers on the flight from Chisinua, Moldova, to Tel Aviv earlier this month were subdued.

Some had just witnessed scene after scene of hardship on a tour of war-torn Ukraine organized by the International Fellowship of Christians and Jews. Others, about 90 in all, were Ukrainians in the process of moving permanently to Israel, talking in hushed tones about being on a plane for the first time, their uncertain future and the loved ones they left behind.

Alexei Shkurat was not subdued.

Bespectacled and bearded, he was standing in his seat, making wisecracks that caused the elderly woman in the seat next to him to guffaw despite herself.

“I like joking and communicating. It’s my life, why waste it being nervous?” Shkurat told the Jewish Telegraphic Agency in English.

“And anyway, I’m happy, happy, happy I will soon see my sons again,” he added.

Switching to Russian, Shkurat’s brow furrowed and his voice lowered when he recounted how, on Feb. 28, 2022, he had risked his life to transport his sons, 14 and 12, to the border with Poland with their mother and grandmother. From there they would move to Israel.

Shkurat could not go with them. The borders were closed for military-aged men, so Shkurat was forced to drive back to his hometown of Odessa. What happened next, as he recounts it, was harrowing: As he passed an empty field near Lviv, he encountered two Ukrainian soldiers, their AK-74 rifles trained on him. Shkurat raised his hands and was told to step out of his vehicle. He knew that if he made one false move, he would be shot.

The soldiers searched the car and interrogated him, asking him why he was traveling alone after curfew and even asking if he was a Russian spy. Shkurat later learned that 40 Russian paratroopers had recently landed in the area and had stolen ambulances and police cars. He answered the soldiers in Russian, which only raised their suspicions. Ukrainian is the dominant language in western Ukraine, but as a Jew from Odessa, Shkurat’s native tongue is Russian.

“I was terrified. I know that they were only doing their job, but the situation was so scary. Everything I ever knew in life had changed,” he said.

Catch up on all of JTA’s coverage of the Ukraine War here.

By a considerable stroke of luck, Shkurat, a street artist, was able to prove his identity by showing the soldiers his Instagram page, filled with posts of his art in locations all over Odessa.

But according to Shkurat, the story was far from over. The next chapter of his life was far more hair-raising, he said. Pressed on the details, Shkurat grinned and switched back to English.

“I can’t tell you a thing,” he said. “I want to sell the story to Netflix.”

Whatever cinematic experience Shkurat might have had, his fellow passengers surely had made-for-the-movies stories of their own. They had made it through nearly a year of war before deciding to move to Israel, making them the latest of 5,000 new immigrants from Ukraine facilitated by the International Fellowship of Christians and Jews, working in collaboration with Israeli government entities such as Nativ and the Ministry of Aliyah and Integration. Approximately 15,000 Ukrainians in total have immigrated, or made aliyah, in the last year.

Ukrainian Jewish refugees who fled the war in their country wait on a bus upon arrival at Ben Gurion Airport near Tel Aviv, on an airlift of medically needy passengers made possible by the International Fellowship of Christians and Jews, Dec. 22, 2022. (Gil Cohen-Magen/AFP via Getty Images)

According to the group’s vice president, Gidi Schmerling, if there is any upside to the war from Israel’s perspective, it’s that many middle-class Ukrainians — doctors, engineers and high-tech employees — who wouldn’t have otherwise made aliyah are now choosing to do so.

But IFCJ’s mandate also includes the Jews who stayed behind. Since Russian tanks first rumbled across the border a year ago, the group has raised more than $30 million dollars — primarily from evangelical Christians from North America and Korea — for the main Jewish organizations in Ukraine including the American Jewish Joint Distribution Committee, or JDC, and Chabad. (Both groups do extensive fundraising of their own.) This week, the anniversary of Russia’s invasion, it announced another $4 million in planned spending.

In Odessa, more than 7,000 people currently receive aid from IFJC via local Jewish groups. The Jewish community, once 50,000 strong, now stands at 20,000, according to the city’s chief rabbi, Avraham Wolff. Seven thousand food packages are distributed every month in Chabad centers. Many of the beneficiaries are older — among them some 187 Holocaust survivors — but not all. Several hundred are people who were displaced from surrounding cities, such as Mykolaiv, which was hit much harder by Russian shells, and some are the so-called new poor, those for whom the war has plunged into poverty from loss of income and rising inflation.

Ala Yakov Livne, an 86-year-old widow, is one of many who lined up recently to receive a box with oil, flour and other basic necessities. For Livne, the part that stings most about the last year is the sense of betrayal.

“[The Russians] were our neighbors. Many of them were our friends,” she said.

“Times have changed but some things never change,” Livne went on. “Back then, we were under occupation under the Nazis, back then, they tried to kill us, and now again, we are under occupation and they are trying to destroy us.”

Yelena Kuklova survived the Holocaust by being hidden by non-Jewish neighbors. “We started our lives in war and we’re finishing them in war,” she said. (Deborah Danan)

It was a refrain that would be repeated several times over the ensuing days. In a trembling voice, 85-year-old Holocaust survivor Yelena Kuklova, who as a child was hidden by her non-Jewish neighbors in a suitcase in a closet, echoed the sentiment.

“They killed us then because we were Jews. They are killing us today because we are Ukrainian,” she said, a slow cascade of tears spilling over her cheekbones. “We started our lives in war and we’re finishing them in war.”

And so it was in battle-scarred Mykolaiv, 140 kilometers northeast of Odessa. “What the Germans never managed to do, the Russians did,” said Eli Ben Mendel Hopstein, standing in front of his building, pockmarked from the shrapnel of a Russian missile.

Inside his home, Hopstein rifled through decades-old photos of himself in the navy. “I know danger,” he said, “and I don’t feel it now.” He describes himself as a proud Jew. “First, I am a Jew, then I am Ukrainian, and I never once hid this from anyone.”

Mykolaiv, pro-Russia before the war and now a vanguard of the south, has become a source of pride for its residents because of Russia’s failure to occupy it. Even before the war, Mykolaiv was a desperately poor city. But now, following eight months of daily explosions, destruction is everywhere and the city’s critical infrastructure has been badly damaged.

Damaged buildings are a common sight in Mykolaiv, which Russian troops pummeled during the first year of the war. So are people lining up for potable water. (Deborah Danan)

Like Odessa, the city has no electricity for up to 22 hours a day. For more than half a year, large swaths of the city had no water at all. Today, residents can turn on the tap and get a murky brown liquid known as technical water, but it is far from potable. For drinking and cooking, they are forced to collect safe water in plastic gallon bottles at water stations all over the city, many of which were installed by the Israeli nonprofit IsraAID.

Scenes of people placing buckets outside their houses in the hope of catching rainwater became ubiquitous in Mykolaiv. For its Jewish contingent, Chabad provides truckloads of bottled water. Hopstein credits the IFCJ and Chabad for keeping him alive.

“If it wasn’t for their help, I would have nothing,” he said.

Across the road from Hopstein, 82-year-old Galina Petrovna Mironenko, who is not Jewish, is not so lucky. A Russian S300 missile that appeared to be targeting a nearby university missed its mark and struck Mironenko’s home, decimating her every earthly possession. Mironenko said the only help she gets is a weekly loaf of bread from the government. Standing in her charred kitchen, her red and blue checkered headscarf offering the only color, Mironenko’s expression is almost childlike — a jarring contrast to the words she utters.

Galina Petrovna Mironenko stands in the wreckage of her home in Mykolaiv, destroyed by a Russian missile. Her Jewish neighbor credits aid from Jewish organizations for keeping him alive. (Deborah Danan)

“I have died three times in my life,” she said. “Once when my father died, again when my son died and a third time after the 20 minutes it took for my house to burn.”

Back in Odessa, the sun has set and the city is cloaked in darkness, a cue that soon it will be time to head indoors for the nightly curfew. But first, a visit to the Orlikovsky family who are packing their suitcases ahead of their emigration the next day. On the couch in the tiny living room sit four generations of Jews: Alina; her daughter, Marina; her grandson Andrey; and Andrey’s wife and daughter Viktoria and Sofiya.

Andrey recalls Feb. 24, 2022. “I couldn’t believe my eyes and ears. I heard a terrible blast and grabbed my daughter and told my wife, ‘Let’s get out!’ I thought my house was going to collapse like a doll’s house.”

Participants of the Hanukkah celebration in Kharkiv, northeastern Ukraine, received a hot meal — part of the sustained aid that Jewish communities have distributed throughout the war there, Dec. 18, 2022. (Vyacheslav Madiyevskyi / Ukrinform/Future Publishing via Getty Images)

But it would take nearly a year to finally make the move, because of Viktoria’s late mother who was sick and because, in Andrey’s words, “you get used to the bombs.”

“We live without power, we live without heating, very often there is no hot water. We are living like insects,” Alina said. “My children told me, mama, we need to go.”

When the family finished speaking, the electricity came back and the lights turned on. Sofiya, 5 years old, laughed into her mother’s chest.

The first anniversary of the war marks two weeks since Alexei Shkurat and the other 89 new arrivals were greeted on the tarmac of Ben Gurion Airport by Israel’s new immigration minister, Ofir Sofer. Shkurat is on the lookout for a permanent home in a place where he can sell his art.

“I am getting to know the country and looking for new friends,” he said. “I want to do a lot of beautiful and bright projects. I want to draw a lot,” he said.

He deeply misses Odessa, which he called an amazing city, but being reunited with his sons has soothed the pain.

“Meeting with my children was the best event of the last year,” he said.


The post Dramatic stories of survival, endurance and escape reign as Ukrainian Jews mark 1 year of war 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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