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Canada’s Economy Still Finding its Footing Amid Slowing Inflation and Falling Interest Rates

OTTAWA, Ontario, Oct. 10, 2024 (GLOBE NEWSWIRE) -- The Canadian economy is gradually regaining its footing, but sluggish growth is expected to persist through the remainder of 2024 as the effects of easing inflation and declining interest rates take time to materialize, according to new research from The Conference Board of Canada. Canada’s GDP is forecast to increase by a modest 1.1 per cent in 2024 and a further 1.7 per cent in 2025.

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L’économie canadienne continue de se rétablir dans un contexte de ralentissement de l’inflation et de baisse des taux d’intérêt

OTTAWA, Ontario, 10 oct. 2024 (GLOBE NEWSWIRE) -- Si l’économie canadienne se redresse peu à peu, on s’attend à ce qu’elle continue d’afficher une croissance anémique jusqu’à la fin de 2024, car les effets de la baisse de l’inflation et des taux d’intérêt tardent à se matérialiser. C’est ce que révèle un nouveau rapport du Conference Board du Canada. On s’attend à ce que le PIB du Canada augmente d’à peine 1,1 % en 2024 et de 1,7 % en 2025.

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Adamas One Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

SCOTTSDALE, Ariz., Aug. 27, 2024 (GLOBE NEWSWIRE) -- Adamas One Corp. (Nasdaq: JEWL) (“Adamas One,” “Adamas” or the “Company”), The Original Lab-Grown Diamond Company™, a high-tech company that leverages proprietary technology to produce high-quality, single-crystal, Lab-Grown Diamonds for jewelry and diamond materials for industrial uses, today reports that, as previously disclosed, the Company had a hearing scheduled for May 30, 2024 before a Nasdaq Hearings Panel (the “Panel”) regarding its plan to regain compliance with: (1) Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”); (2) Nasdaq Listing Rule 5250(f) (the “Fees Rule”); and (3) Nasdaq Listing Rule 5250(c)(1) (the “Filings Rule”). On June 07, 2024, the Company received a decision letter from the Panel of the Nasdaq Stock Market (“Nasdaq”). The Panel granted the Company’s request for continued listing on The Nasdaq Capital Market, subject to the following: 1) on or before July 29, 2024, the Company shall cure its filing delinquencies and demonstrate compliance with the Filings Rule; and 2) on or before August 30, 2024, the Company shall have demonstrated compliance with the Minimum Bid Price Rule, by evidencing a closing bid price of $ 1 or more per share for a minimum of ten consecutive trading sessions.

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Provincial Economies are Turning the Tide

OTTAWA, Ontario, Aug. 19, 2024 (GLOBE NEWSWIRE) -- While the declining interest rate environment is easing borrowing concerns, additional rate cuts will be required to significantly impact consumer and business spending decisions, according to new research from The Conference Board of Canada. Canada’s economy is forecast to expand by just 1.0 per cent in 2024, before rebounding to 2.1 per cent growth in 2025.

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Les économies provinciales inversent la tendance

OTTAWA, Ontario, 19 août 2024 (GLOBE NEWSWIRE) -- Si les craintes s’atténuent sur les marchés de l’emprunt en raison de la baisse des taux d’intérêt, il faudra d’autres réductions de taux pour susciter de réels changements dans les dépenses des consommateurs et des entreprises. C’est ce que révèle une nouvelle étude du Conference Board du Canada. Selon les prévisions, l’économie canadienne devrait croître d’à peine 1 % en 2024, avant de se rétablir et d’afficher une hausse de 2,1 % en 2025.

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Addressing Skills Shortages in Small and Medium-Sized Enterprises

OTTAWA, Ontario, Aug. 14, 2024 (GLOBE NEWSWIRE) -- In fast-growing Canadian cities, skills shortages are the most common employment challenge facing small and medium-sized enterprises (SMEs), according to new research from The Conference Board of Canada. The analysis focused on Abbotsford-Mission, B.C., Halifax, N.S., Moncton, N.B., Oshawa, Ont., and Saskatoon, Sask., which saw rapid immigration population growth between 2016 and 2021 and is a summary of conversations with SME owners and senior leadership from nine sectors.

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Canadian Economy on the Mend

OTTAWA, June 27, 2024 (GLOBE NEWSWIRE) -- The Bank of Canada’s recent rate cut will offer a measure of relief for the Canadian economy, with a gradual recovery expected to extend throughout the year, according to new research from The Conference Board of Canada. Real GDP is forecast to increase by 1.8 per cent on an annualized seasonally adjusted basis in the last half of 2024, compared to an estimated 1.4 per cent rate in the first half.

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