Tag Archives: Canada News

The Bank of Canada will release a summary of its deliberations on the latest interest rate hike later Wednesday, the first time the central bank is giving Canadians a peek behind the curtain into its decision-making process. The bank last year announced it would start publishing these summaries about two …

The federal government is being urged to follow through with its commitment to develop a Black Canadian justice strategy. The Liberal government committed to creating such a strategy in the 2021 election campaign after advocacy groups and the United Nations raised serious concerns over anti-Black racism in the Canadian criminal …

Google sent layoff notices on Monday to affected Canadian employees after its parent company Alphabet announced earlier this year it was cutting 12,000 of its global workforce. Google Canada spokesperson Lauren Skelly said notifications had been sent to staff impacted by the cuts announced last month. It wasn’t immediately clear …

By Staff The Canadian Press Posted February 3, 2023 6:17 am Updated February 3, 2023 6:19 am Descrease article font size Increase article font size Deputy Prime Minister and Finance Minister Chrystia Freeland is hosting an in-person meeting Friday with the provincial and territorial finance ministers in Toronto. The meeting …

Experts say Canada’s plan to increase immigration may ease some pressures in the labour market, but bigger changes are needed to ensure new permanent residents are matched with the jobs that most need filling. With the unemployment rate at historic lows, many companies are “starved” for workers, and new immigrants …

Prime Minister Justin Trudeau and his cabinet will kick off a three-day retreat on Monday to discuss their priorities ahead of Parliament’s return. Trudeau’s cabinet will be in Hamilton, Ont., until Wednesday, and will focus on the cost of living and the economy, his office said in a news release …

What goes up doesn’t necessarily come down. That’s contrary to the sentiment of a surprisingly large proportion of respondents to the Bank of Canada’s quarterly consumer expectations survey, released last week. According to the survey, more than a quarter of Canadians believe that current decades-high prices will drop five years …

Rent prices are through the roof across Canada as decades-high inflation has increased the cost of living in the country. The national average rent last month was $2,005 – an increase of more than 12 per cent compared with December 2021, according to Rentals.ca’s January 2023 Rent Report. Vancouver remains …

Protests erupted in France this week against plans to raise the retirement age, with experts saying that people don’t want to defer their retirement any longer. While the nationwide strikes have been unique to the situation in France, some experts say the events still underscore the fact that retirement as a general concept …

By Staff The Canadian Press Posted January 19, 2023 9:36 am Descrease article font size Increase article font size Statistics Canada says wholesale sales rose 0.5 per cent month over month in November to $83.8 billion. The agency says the sales were boosted by the motor vehicle and motor vehicle …