Mohammad Sarris
Canada added 157,100 jobs, recovering from pandemic losses
The unemployment rate was down to 6.9% in September due to the number of Canadians who entered the labour market
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Mohammad Sarris
Sep 25, 20212 min read
Evergrande's troubling situation could lead to a global financial crisis
The giant Chinese property developer is on the brink of collapse and it could mean a global financial downturn
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Sep 3, 20213 min read
Constructing Benefits: Set Your Company Apart with Employee Perks
Construction companies should offer great incentives to attract and keep workers since the industry is considered one of the most dangerous
Mohammad Sarris
Jun 22, 20211 min read
Canadian household mortgage debt rose by $17 billion in April
Canadian household mortgage debt increased to $1.69 trillion in April. Demand for homes and low-borrowing cost contributed to the increase
Mohammad Sarris
Jun 5, 20212 min read
Canada loses 68,000 jobs in May, unemployment rate rises to 8.2%
While the economy lost 68,000 jobs in May, it remains smaller than a month earlier. Canada will continue to transition out of the third wave
Mohammad Sarris
Jun 2, 20211 min read
Housing boom helps the Canadian economy grow by an annualized rate of 5.6%
The demand for houses has actually driven growth in the first quarter. The boom puts the Canadian economy closer to a full recovery.
Mohammad Sarris
May 21, 20212 min read
Canada's most recent economic problem: Inflation
Canada could be entering a period of persistent inflation. This is fueled by increasing demand for commodities, record low interest rates
Mohammad Sarris
May 1, 20212 min read
The U.S. economy grew by 6.4% in the first quarter
Vaccinations and federal stimulus money have paid off in the U.S., causing output to increase. The same case is also true in Canada.
Mohammad Sarris
Apr 22, 20213 min read
The optimistic federal budget promises reforms in different Canadian sectors
The Canadian federal budget was announced on Wednesday with great projections in the Canadian economy, the Bank of Canada confirms.
Mohammad Sarris
Apr 13, 20211 min read
Air Canada reached a C$5.9 billion deal with Trudeau's government
Air Canada reached a deal with Trudeau's government for C$5.9 billion in loans and equity. This eases the tension between the two.
Mohammad Sarris
Mar 30, 20212 min read
What the shutdown of the Suez Canal has taught us and cost us
The Ever Given ship is finally free, which means at least 300 other ships can also go to their destination. However, the closure was costly.
Mohammad Sarris
Mar 23, 20212 min read
UAE to issue residency visas for remote workers
The UAE announced that it will issue visas for remote workers. They can work remotely even if the company is not present in the UAE.
Mohammad Sarris
Mar 15, 20212 min read
Ottawa, Quebec invest $100 million to build an electric vehicle plant in Montréal
The Federal and Quebec governments are investing $100 million dollars to help Lion Electric build an electric vehicle battery plant.
Mohammad Sarris
Mar 12, 20212 min read
A Statistics Canada report signaled economic resilience in Canada
The Canadian economy added 259,000 jobs in February beating expectations. This resilience showed once provinces began lifting lockdowns.
Mohammad Sarris
Feb 27, 20211 min read
TD Bank to close 82 branches in the U.S. as part of focusing on digital.
Toronto-Dominion Bank announced that it will be closing 82 branches in the U.S. This move came as part of a “store optimization” in the...
Mohammad Sarris
Feb 23, 20212 min read
The triple seven airplanes have to take a break after an engine failure.
The images and videos of the United Airlines flight’s engine shook us to our cores. The United Airlines flight was boarding from Colorado...
Mohammad Sarris
Feb 20, 20212 min read
How Saudi Arabia is delivering on its promise to diversify its economy
As the world’s biggest oil exporter, Saudi Arabia’s economy has relied on oil for many years. Oil still dominates Saudi’s GDP, exports,...
Mohammad Sarris
Feb 2, 20212 min read
Canadian economy persists through 2020, and 2021, Trudeau hopes
Last year was a difficult year for economies worldwide, including Canada. During the pandemic, governments had to impose a series of...
Mohammad Sarris
Jan 19, 20212 min read
The impact of COVID-19 on the fitness industry
There is no doubt that 2020 was a rough year for national economies worldwide. Consequently, one industry that is specifically suffering...
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