Credit to Author: Zachary Shahan| Date: Fri, 08 Nov 2024 15:42:10 +0000
There are a lot of takes going around that try to explain why Donald Trump — despite all of this — won the election against Kamala Harris. Some of it has validity around the edges. Some of it definitely doesn’t. But when it comes down to it, this was a … [continued]
The post The One Core Reason Trump Won The Election appeared first on CleanTechnica.
Read moreCredit to Author: Edana Robitaille| Date: Fri, 08 Sep 2023 13:00:29 +0000
Over the summer, Canada has remained expensive for both Canadians and newcomers alike. For newcomers especially, this means spending more time saving and establishing a realistic budget before arriving in Canada, whether it is for work, to study or as a permanent resident. Many key indicators over July show that, while some inflation is slowing, […]
The post Rising temperatures and rising costs: cost of living in Canada stays high in July first appeared on CIC News.
Read moreCredit to Author: Edana Robitaille| Date: Sun, 09 Jul 2023 13:00:03 +0000
The cost of buying a home in Canada has gone up slightly according to the most recent data from Statistics Canada. The recently released New Housing Price index shows that on average, prices increased 0.1% month-over-month in May, the first increase since August 2022. It further showed that prices were up in six of the […]
The post House prices rise in Canada as interest rates remain high first appeared on CIC News.
Read moreCredit to Author: Edana Robitaille| Date: Thu, 15 Jun 2023 12:01:34 +0000
The Bank of Canada (BoC) has raised interest rates to their highest level since 2001. The overnight lending rate is now 4.75%, which is 25 basis points higher than it was at the previous increase in January this year. The BoC started raising rates in July 2022 when it went from 1.5 % to 2.5%. […]
The post The role of the Bank of Canada and how it impacts newcomers first appeared on CIC News.
Read moreCredit to Author: Edana Robitaille| Date: Tue, 18 Apr 2023 13:00:17 +0000
On April 12, the Bank of Canada (BoC) announced that it would hold interest rates steady at 4.5%. Interest rates have stayed at 4.5% since January this year, following several increases over the latter half of 2022. This rate is still high, but the absence of an increase in interest rates and the declining rate […]
The post Bank of Canada holds interest rates steady: Why that’s good for newcomers first appeared on CIC News.
Read moreCredit to Author: Asheesh Moosapeta| Date: Tue, 14 Feb 2023 14:00:08 +0000
January saw a considerable increase in overall employment, as 150,000 jobs (+5% of total employment) across Canada were filled in the first month of 2023. Learn more about Canadian immigration and discover your options The strong surge in hiring yielded big increases in employment for many groups (primarily workers aged 25-54), with Non-permanent Residents (NPRs)—those […]
The post Work and Study Permit holders see huge gains in employment, as strong hiring continues in Canada first appeared on CIC News.
Read moreCredit to Author: Edana Robitaille| Date: Thu, 02 Feb 2023 13:00:02 +0000
The Bank of Canada (BoC) recently announced another rise in interest rates, up to 4.5%, or up 25 basis points from 4.25% on December 7, 2022. While this is the smallest rise in interest over the past year, interest rates will stay high for the foreseeable future making larger spending more difficult than previous years. […]
The post The Bank of Canada just raised interest rates again. What does this mean for newcomers? first appeared on CIC News.
Read moreCredit to Author: Vimal Sivakumar| Date: Wed, 23 Nov 2022 13:00:14 +0000
In two recent speeches on November 10th and 14th, Bank of Canada (BoC) Governor Tiff Macklem spoke to attendees and the media about how immigration may be the key to achieving labour market stability and correcting the course of inflation. His speeches addressed “the future of workers and jobs” by tackling questions that included: Why […]
The post Bank of Canada Governor talks about using immigration to balance the national labour market first appeared on CIC News.
Read moreCredit to Author: Zachary Shahan| Date: Mon, 07 Nov 2022 20:01:20 +0000
I wrote an article a few days ago titled “Inflation Is Global — For Obvious Reasons (That Have Nothing To Do With Joe Biden).” There were 230 comments, including some really good ones. But the most useful of all was a comment directing me to a presentation by Representative Katie Porter (D-California) regarding the core […]
Credit to Author: Zachary Shahan| Date: Fri, 04 Nov 2022 03:50:59 +0000
I confess — I’m not a fan of incorrect claims about important matters of policy and politics, and even more so when those claims go viral and take on a meme-like quality. It seems like everywhere you go, people chat about “Bidenflation” and “Joe Biden’s inflation.” I find it quite annoying, especially since it’s extremely […]