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Queer Jews fought to join the Celebrate Israel Parade. This year, I marched in drag.

(JTA) — “Look mom, he’s a beautiful butterfly,” a child shouted, pointing at me, as I marched up Fifth Avenue in drag on June 4 at the Celebrate Israel Parade.

I could only imagine how meaningful it would have been for me as a kid to see drag included as part of this annual Jewish communal celebration on Fifth Avenue. I didn’t know that boys were allowed to be beautiful. Worse, I thought that there was something shameful about my own longing to embrace my femininity. Certainly, growing up, there were many who seemed only too happy to reinforce that shame. Now, strutting proudly in the parade in a fabulous pink sundress and 9-inch heels is my way of creating a Jewish world where one’s whole self belongs.

Drag helps me find joy in not fitting neatly into boxes or binaries. As a queer Jew who grew up in an Orthodox family, non-binary identity is not just a helpful framing for my gender, it also best captures my approach to religion and my relationship with Israel. Not quite a man and not quite Orthodox, I am equally not quite a woman and kind of Orthodox. While I may not label myself a Zionist, I most certainly celebrate Israel and consider the nation central to my Judaism.

For me, these internal conflicts create the tension that energizes my art. The ability to hold seemingly opposing identities at once provides an authenticity that is both thrilling and freeing. Perhaps this is why I am so drawn to drag. What better art form to express the full spectrum of identity with all its contradictions, complications, and kaleidoscopic colors? I find drag the most exciting and self-actualizing way to fully show up in a parade that celebrates the complexity of Jewish heritage and homeland.

My drag also pays homage to the unapologetic fighting spirit that allowed queer Jews into the parade in the first place. Today, the Jewish Community Relations Council-NY (the parade’s producers) fully embraces the LGBTQ marching cluster and makes us feel like valued members of the Jewish community. But queer organizations were not always welcome at this event. When New York’s gay synagogue attempted to March in the early 1990s, its invitation was rescinded when Orthodox day schools (which still appear to make up the majority of marching schools) threatened to pull out from a parade with an LGTBQ contingent.

As a closeted teen in yeshiva, I remember feeling crushed when I read about the parade’s gay ban. The internalized message was clear: I’m not wanted and there is no place for me in this Jewish community. I recall feeling angry that it seemed like queer Jewish organizations just gave up and gave in to homophobia without a fight. This fury became a drive that helped create JQY (Jewish Queer Youth), the organization I co-founded whose mission is to support LGBTQ youth from Orthodox homes.

It was not until years later, in 2012, when a 16-year-old JQY member named Jon asked if we could march in the Celebrate Israel parade, that I knew it was time to reopen the fight for queer inclusion. That year JQY organized a cluster of queer Jewish organizations and applied to march as an official LGBTQ contingent. At first there was little resistance and our application was accepted. But two weeks before the parade, I was contacted by the parade’s director, informing me that the banner for our marching group must have “no reference to a LGBT or Gay and Lesbian community.” Apparently, once again Orthodox schools were threatening to boycott the parade if queers were to be allowed to march under an LGBT banner.

This time, however, JQY would not back down. I made it clear to the parade director that his request to erase our community identity is unacceptable and that we intended to show up on parade Sunday ready to march with a banner that read “Gay, Lesbian, Bi, Trans Jewish Community.” I told the director that he was welcome to call the police and deal with the optics of arresting queer Jews attempting to celebrate Israel.

Soon after, I began getting phone calls from leaders of the largest queer Jewish organizations. To my surprise, instead of being encouraging, they pressured me to stand down and compromise. Their concern was that my position made queer Jews seem “divisive.” I nearly gave in to these calls for appeasement until I spoke with Larry Kramer, the gay activist, playwright and personal hero of mine. Larry’s words still ring true today. “They were wrong then and they are wrong now,” he said. “The pressure to not be divisive is just a convenient and cowardly device for professionals to hang their internalized homophobia [on].”

The JQY team devised a plan. Prior to the parade’s pushback, we had already received an invitation to a pre-parade wine-and-cheese reception hosted by Fox TV, which was televising the parade that year. I would attend the event with Jon, the JQY member who inspired this parade advocacy, and we would speak to every journalist in the room, letting them know how excited and thankful we were that, for the first time ever, there would be an LGBTQ marching cluster.

When we approached the parade director who was flanked by Fox TV execs, we shook his hand and loudly congratulated him on the incredible milestone for queer inclusion. Cornered and in the spotlight, his response could not have been more perfect. “Yes, we are so proud to have an LGBTQ cluster this year,” he said. We had won.

(Noam Gilboord, the chief operating officer of JCRC-NY, confirmed this account. He said he had not been aware of the pushback against JQY at the time and noted that a highlight of his parade experience this year was handing an Israeli flag to a friend’s trans daughter, who was marching with her community.)

That Sunday our LGBTQ Community cluster had more than 100 marching participants made up of queer Jews of all ages and denominations, as well as friends, family, and allies. We received an overwhelmingly supportive reaction from the crowd, made up of mostly Orthodox Jews. We felt like we were healing old wounds and breaking new ground. Most importantly, we demonstrated that Jewish unity means including the LGBTQ Jewish community by name.

The organizers of the parade were so impressed with our contingent that they awarded us the Most Enthusiastic Participation Award. With subsequent yearly participation, our LGBTQ cluster has become a parade staple and highlight for onlookers. It is one of JQY’s proudest accomplishments.

JQY leads the first-ever LGBTQ contingent in the Celebrate Israel parade in 2012. (Robert Saferstein)

I believe that it is precisely JQY’s focus on uplifting complex identities that made our case to join the parade so strong. For most of our teens, celebrating Israel is part of what it means to both be Jewish and part of the Jewish community (the nation of Israel). Participation in the parade for them is about belonging, not support for any political structure or agenda. It makes sense that Jewish queer youth want to experience communal belonging in an LGBTQ-affirming way. Yet there are still those on the extreme political right and left who refuse to see this nuance and put our participants at risk.

In 2017 our LGBTQ contingent was targeted, infiltrated and sabotaged by members of Jewish Voice for Peace, an anti-Israel activist group. The protesters physically pushed, surrounded and blocked terrified queer Jewish minors who were bravely marching in front of their Orthodox families. Little did our teens know that it was bigotry from the left that would come for them that day.

This year we were particularly wary of marching among a predominantly Orthodox crowd — not because the Orthodox community has gotten more religious or pious, but because of reports that the Orthodox community has become more influenced by a political right that increasingly targets the LGBTQ community. One of the most influential public figures on the right is Ben Shapiro, an Orthodox Jew who, besides being fixated on canceling companies that work with trans people, recently published an article blaming LGBTQ acceptance for the “failure of modern Orthodox Judaism.”

Our contingent this year was mostly met with smiles, cheers and applause. However, it was difficult to ignore the handful of people on nearly every block who covered their children’s faces, displayed angry thumbs down signs and even shouted homophobic or transphobic slurs as we passed. Over the last few years I have noticed an uptick in these kinds of negative responses. It would be negligent not to connect this change to the recent nation-wide scapegoating of trans youth, drag artists, and LGBTQ acceptance.

This week, for the first time ever, the Human Rights Campaign declared an LGBTQ state of emergency in the United States, after lawmakers in 45 states proposed anti-trans bills in 2023. Of those, 24 have proposed “Don’t Say Gay” laws that criminalize discussion of LGBTQ issues in public schools, and lawmakers in 14 states have proposed anti-drag laws. Politicians and pundits with huge platforms are openly describing queer advocates as “groomers,” conveying that there is a pedophilic sexual agenda to the call for LGBTQ human rights and dignity.

This is the environment that LGBTQ Jewish youth live in today and experienced while marching in front of the Jewish community at this year’s parade. This is why I chose to march in drag. Marching is an exercise in building resilience and self-esteem in the face of adversity. My message is to not be afraid, to never back down and to be as magnificent as possible. These principles are the foundations of drag.

Drag is a queer art form that empowers us to express ourselves with every color imaginable. Drag elicits joy and entertainment by subverting expectations and turning gender expression into theatrical performance. It is an artistic genre that can be innocent or scandalous. The form ranges from family-friendly fun like “Mrs. Doubtfire” and Drag Queen Story Hours, to hit TV shows like “RuPaul’s Drag Race” and the more adult fare found in late night bars.

At the Celebrate Israel parade, drag is as natural an aesthetic for queer marchers as Bukharan music and garb are to the Russian-speaking Jewish community cluster.  For many LGBTQ Jews, drag is as much a part of our culture and heritage as the celebration of Israel. This year, I was the first participant to march in drag. Next year, I hope many more will follow. Because let’s face it, nothing lights up a parade quite like a fabulous drag queen.


The post Queer Jews fought to join the Celebrate Israel Parade. This year, I marched in drag. 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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