The Canadian economy appears to have achieved a soft landing: inflation has come down almost to target, while a recession has been avoided, with GDP growth cushioned by surging immigration even as per capita income has shrunk.
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The IMF, the World Bank Group, and development partners have supported climate-relevant policy reforms through budget support and through funding for relevant investment projects, across a diversity of sectors—primarily energy, transportation, and agriculture.
Crypto mining and data centers now account for 2 percent of global electricity use and nearly 1 percent of global emissions, and their footprint is growing.
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