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Environmental Remediation Market Size Value to Register USD 164 Billion by 2026, at 7.5% CAGR, Says Facts & Factors

According to the [190+ Pages] research report; the global Environmental Remediation Market in 2019 was approximately USD 98.5 Billion. The market is expected to grow at a CAGR of 7.5% and is anticipated to reach around USD 164 Billion by 2026. Top market players are Entact LLC, Golder Associates Corporation, Environmental and Marine Engineering NV, GEO Inc. and others.New York, NY, Feb. 12, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Environmental Remediation Market By Environmental Medium (Groundwater, Soil, and Others), By Application (Agriculture, Construction and Land Development, Mining & Forestry, Automotive, Chemical Production/Processing, Oil and Gas, Industrial, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”. “According to the research study, the global Environmental Remediation Market was estimated at USD 98.5 Billion in 2019 and is expected to reach USD 164 Billion by 2026. The global Environmental Remediation Market is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2019 to 2026”. Environmental remediation is a sort of environmental services that are dedicated to combating growing environmental pollution issues by preventing the groundwater and soil from different contaminants, and in this case, the contaminants are ionizing radiation-emitting sources. Wastewater, solid waste, and aerosols are treated through several environmental remediation technologies. However, the considerable utilization of the technologies is in extracting the gases released while refining and production of oil and petroleum products. Request Your Free Sample Report of Environmental Remediation Market @ https://www.fnfresearch.com/sample/global-environmental-remediation-market-by-environmental-medium-groundwater (The free sample of this report is readily available on request). Our Free Sample Report Includes: 2020 Updated Report Introduction, Overview, and In-depth industry analysisCOVID-19 Pandemic Outbreak Impact Analysis Included190+ Pages Research Report (Inclusion of Updated Research)Provide Chapter-wise guidance on Request2020 Updated Regional Analysis with Graphical Representation of Size, Share & TrendsIncludes Updated List of table & figuresUpdated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue AnalysisFacts and Factors research methodology (Note: The sample of this report is updated with COVID-19 impact analysis before delivery) Key Questions Answered in this Report 1) What was the impact of COVID-19 on the Environmental Remediation Market? 2) What is the market size, share of the Environmental Remediation Market? 3) Who are the top market players in Environmental Remediation Market? 4) What will be the future market of the Environmental Remediation Market? Key Offerings: Market Size & Forecast by Revenue | 2020−2026Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunitiesMarket Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geographyCompetitive Landscape – Top key vendors and other prominent vendors Inquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/global-environmental-remediation-market-by-environmental-medium-groundwater (You may enquire a report quote OR available discount offers to our sales team before purchase.) Impact Analysis of COVID-19 Pandemic on Businesses: Know Short Term and Long Term Impact Most of the businesses are facing a growing litany of business-critical concerns related to the coronavirus outbreak, including supply chain disruptions, a risk of a recession, and a potential drop in consumer spending. All these scenarios will play out differently across various regions and industries, making accurate and timely market research more essential than ever. We at Facts and Factors (http://www.fnfresearch.com) understand how difficult it is for you to plan, strategize, or make business decisions, and as such, we have your back to support you in these uncertain times with our research insights. Our team of consultants, analysts, and experts has developed an analytical model tool for markets that helps us to assess the impact of the virus more effectively on the industrial markets. We are further implementing these insights into our reports for a better understanding of our clients. Request COVID-19 Impact Analysis on Businesses: https://www.fnfresearch.com/sample/global-environmental-remediation-market-by-environmental-medium-groundwater The oil and gas category under the application segment accounts for the major share in the global environmental remediation market. The market share for the category is likely to grow at a substantial rate throughout the projected period. The mining and forestry category under application also fuels the environmental remediation technology demand for the effective removal of contaminants released in surface water, groundwater, and soil by chemical and mining industries. Top Market Players Entact LLCGolder Associates CorporationEnvironmental Marine Engineering NVGEO Inc.Dredging InternationalEnvironmental Remediation Resources Pty Ltd.Brisea Group Inc.Newterra Ltd.Clean Harbors Inc.Terra Systems Inc. To know an additional revised 2020 list of market players, request a sample report: https://www.fnfresearch.com/sample/global-environmental-remediation-market-by-environmental-medium-groundwater Growing population and rapid industrialization in developing economies fuels the global environmental remediation market Owing to the growing population, the need for residential areas is expanding, especially in developing countries. Therefore, to arrange the accommodation in the densely populated areas, the contaminated fields are refined and redeveloped into residential sites. And to refine the contaminated lands and resources, there is an extensive need for remediation services, which eventually propels the global market. Moreover, the growing industrialization sector discharges contaminated wastes in bulk such as heavy metals in water bodies and soil. Environmental Protection Agency has listed chromium, mercury, lead, copper, zinc, and nickel heavy metals as the key environmental pollutants. Different companies and regulatory bodies have introduced remediation techniques to remove such heavy metal contaminants. Refining of contaminated industrial sites in urban areas may bolster the environmental remediation market in the coming years The industrial sites within the premises of urban areas have extremely high worth. Therefore, the economic incentives for the removal of hazardous contaminants and retaining the safety of the surroundings are quite high. To encourage this activity, few of the U.S. states have set regulations that the new owner would have to enroll in the state voluntary cleanup program before establishing the industrial project on that land. This would lead to a significant expansion of the global environmental remediation market. Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/global-environmental-remediation-market-by-environmental-medium-groundwater The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the Environmental Remediation Market. Moreover, the study offers wide coverage of key strategic improvements witness in the market such as acquisitions & mergers, new product and service launches, collaborations, R&D activities, and global expansion of key players of the global Environmental Remediation Market. Environmental remediation is a sort of environmental services that are dedicated to combating growing environmental pollution issues by preventing the groundwater and soil from different contaminants, and in this case, the contaminants are ionizing radiation-emitting sources. Wastewater, solid waste, and aerosols are treated through several environmental remediation technologies. However, the considerable utilization of the technologies is in extracting the gases released while refining and production of oil and petroleum products. Request Customized Copy of Report @ https://www.fnfresearch.com/customization/global-environmental-remediation-market-by-environmental-medium-groundwater (We customize your report according to your research need. Ask our sales team for report customization.) The global environmental remediation market is segmented in terms of Environmental Medium by Groundwater, Soil, and Others. By Application, the market is categorized into Agriculture, Construction and Land Development, Mining & Forestry, Automotive, Chemical Production/Processing, Oil and Gas, Industrial, and Others. In October 2019, Newterra made an announcement of procuring TIGG Newterra Group Ltd., which is a key distributor of water to the industrial, municipal, and environmental remediation sectors. Browse the full “Environmental Remediation Market By Environmental Medium (Groundwater, Soil, and Others), By Application (Agriculture, Construction and Land Development, Mining & Forestry, Automotive, Chemical Production/Processing, Oil and Gas, Industrial, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026″ report at https://www.fnfresearch.com/global-environmental-remediation-market-by-environmental-medium-groundwater Key Insights from Primary Research Experts suggest the triggering growth factor for the market will be rapid industrialization and a growing population, particularly in the urban areas.As per our primary respondents, the demand for remediation technology is maximum in North America and is anticipated to increase in the coming several years.The primary experts stated that the “oil & gas” category of the application segment holds almost one-fourth share of the global environmental remediation market.The “groundwater” category under the environmental segment captures the major share in the global market, while the “soil” category is anticipated to grow at a relatively faster rate of around 8%.The contribution of the automotive sector in bolstering the global demand for environmental technologies is the least. The global environmental remediation market is segmented as: Global Environmental Remediation Market: By Environmental Medium GroundwaterSoilOthers Global Environmental Remediation Market: By Application AgricultureConstruction and Land DevelopmentMining and ForestryAutomotiveChemical Production/ProcessingOil and GasIndustrialOthers Related Reports: Oil And Gas Analytics Market: https://www.fnfresearch.com/oil-and-gas-analytics-market-by-deployment-platform-571 Solar Panel Cleaning Market: https://www.fnfresearch.com/global-solar-panel-cleaning-market-by-technology-dry-595 End of Line Packaging Market: https://www.fnfresearch.com/end-of-packaging-market-by-technology-automatic-and-748 Gas Water Heater Market: https://www.fnfresearch.com/gas-water-heater-market-by-type-instant-storage-1000 Offshore Wind Energy Market: https://www.fnfresearch.com/offshore-wind-energy-market-by-component-turbine-substructure-1216 About Facts & Factors (FnF Research): Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business. Follow Us LinkedIn: https://www.linkedin.com/company/fnfresearch Follow Us Twitter: https://twitter.com/fnfresearch Contact Us: Facts & Factors USA: +1-347-989-3985 Email: sales@fnfresearch.com Web: https://www.fnfresearch.com Blog: http://fnfnewsblog.com

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Canada’s unemployment rate holds steady at 6.5% in October, economy adds 15,000 jobs

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OTTAWA – Canada’s unemployment rate held steady at 6.5 per cent last month as hiring remained weak across the economy.

Statistics Canada’s labour force survey on Friday said employment rose by a modest 15,000 jobs in October.

Business, building and support services saw the largest gain in employment.

Meanwhile, finance, insurance, real estate, rental and leasing experienced the largest decline.

Many economists see weakness in the job market continuing in the short term, before the Bank of Canada’s interest rate cuts spark a rebound in economic growth next year.

Despite ongoing softness in the labour market, however, strong wage growth has raged on in Canada. Average hourly wages in October grew 4.9 per cent from a year ago, reaching $35.76.

Friday’s report also shed some light on the financial health of households.

According to the agency, 28.8 per cent of Canadians aged 15 or older were living in a household that had difficulty meeting financial needs – like food and housing – in the previous four weeks.

That was down from 33.1 per cent in October 2023 and 35.5 per cent in October 2022, but still above the 20.4 per cent figure recorded in October 2020.

People living in a rented home were more likely to report difficulty meeting financial needs, with nearly four in 10 reporting that was the case.

That compares with just under a quarter of those living in an owned home by a household member.

Immigrants were also more likely to report facing financial strain last month, with about four out of 10 immigrants who landed in the last year doing so.

That compares with about three in 10 more established immigrants and one in four of people born in Canada.

This report by The Canadian Press was first published Nov. 8, 2024.

The Canadian Press. All rights reserved.

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Health-care spending expected to outpace economy and reach $372 billion in 2024: CIHI

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The Canadian Institute for Health Information says health-care spending in Canada is projected to reach a new high in 2024.

The annual report released Thursday says total health spending is expected to hit $372 billion, or $9,054 per Canadian.

CIHI’s national analysis predicts expenditures will rise by 5.7 per cent in 2024, compared to 4.5 per cent in 2023 and 1.7 per cent in 2022.

This year’s health spending is estimated to represent 12.4 per cent of Canada’s gross domestic product. Excluding two years of the pandemic, it would be the highest ratio in the country’s history.

While it’s not unusual for health expenditures to outpace economic growth, the report says this could be the case for the next several years due to Canada’s growing population and its aging demographic.

Canada’s per capita spending on health care in 2022 was among the highest in the world, but still less than countries such as the United States and Sweden.

The report notes that the Canadian dental and pharmacare plans could push health-care spending even further as more people who previously couldn’t afford these services start using them.

This report by The Canadian Press was first published Nov. 7, 2024.

Canadian Press health coverage receives support through a partnership with the Canadian Medical Association. CP is solely responsible for this content.

The Canadian Press. All rights reserved.

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Trump’s victory sparks concerns over ripple effect on Canadian economy

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As Canadians wake up to news that Donald Trump will return to the White House, the president-elect’s protectionist stance is casting a spotlight on what effect his second term will have on Canada-U.S. economic ties.

Some Canadian business leaders have expressed worry over Trump’s promise to introduce a universal 10 per cent tariff on all American imports.

A Canadian Chamber of Commerce report released last month suggested those tariffs would shrink the Canadian economy, resulting in around $30 billion per year in economic costs.

More than 77 per cent of Canadian exports go to the U.S.

Canada’s manufacturing sector faces the biggest risk should Trump push forward on imposing broad tariffs, said Canadian Manufacturers and Exporters president and CEO Dennis Darby. He said the sector is the “most trade-exposed” within Canada.

“It’s in the U.S.’s best interest, it’s in our best interest, but most importantly for consumers across North America, that we’re able to trade goods, materials, ingredients, as we have under the trade agreements,” Darby said in an interview.

“It’s a more complex or complicated outcome than it would have been with the Democrats, but we’ve had to deal with this before and we’re going to do our best to deal with it again.”

American economists have also warned Trump’s plan could cause inflation and possibly a recession, which could have ripple effects in Canada.

It’s consumers who will ultimately feel the burden of any inflationary effect caused by broad tariffs, said Darby.

“A tariff tends to raise costs, and it ultimately raises prices, so that’s something that we have to be prepared for,” he said.

“It could tilt production mandates. A tariff makes goods more expensive, but on the same token, it also will make inputs for the U.S. more expensive.”

A report last month by TD economist Marc Ercolao said research shows a full-scale implementation of Trump’s tariff plan could lead to a near-five per cent reduction in Canadian export volumes to the U.S. by early-2027, relative to current baseline forecasts.

Retaliation by Canada would also increase costs for domestic producers, and push import volumes lower in the process.

“Slowing import activity mitigates some of the negative net trade impact on total GDP enough to avoid a technical recession, but still produces a period of extended stagnation through 2025 and 2026,” Ercolao said.

Since the Canada-United States-Mexico Agreement came into effect in 2020, trade between Canada and the U.S. has surged by 46 per cent, according to the Toronto Region Board of Trade.

With that deal is up for review in 2026, Canadian Chamber of Commerce president and CEO Candace Laing said the Canadian government “must collaborate effectively with the Trump administration to preserve and strengthen our bilateral economic partnership.”

“With an impressive $3.6 billion in daily trade, Canada and the United States are each other’s closest international partners. The secure and efficient flow of goods and people across our border … remains essential for the economies of both countries,” she said in a statement.

“By resisting tariffs and trade barriers that will only raise prices and hurt consumers in both countries, Canada and the United States can strengthen resilient cross-border supply chains that enhance our shared economic security.”

This report by The Canadian Press was first published Nov. 6, 2024.

The Canadian Press. All rights reserved.

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