Inflation – Thinking Port

Rising temperatures and rising costs: cost of living in Canada stays high in July

September 8, 2023 admin bank of canada, cost of living, groceries, HOUSING CRISIS, immigrate to canada, Inflation, life in canada, save money

Credit 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, […]

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Canada Immigration

House prices rise in Canada as interest rates remain high

July 9, 2023 admin bank of canada, buying a home in canada, Canada, canada skilled worker immigration, immigration, Inflation, interest rate, interest rate hike, labour market, labour supply and demand, statistic canada

Credit 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 […]

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Canada Immigration

The role of the Bank of Canada and how it impacts newcomers

June 15, 2023 admin bank of canada, Canada, canada skilled worker immigration, immigration, Inflation, interest rate, interest rate hike, labour market, labour supply and demand, life in canada

Credit 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%. […]

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Canada Immigration

Bank of Canada holds interest rates steady: Why that’s good for newcomers

April 18, 2023 admin bank of canada, Canada, canada skilled worker immigration, immigration, Inflation, interest rate, interest rate hike, labour market, labour supply and demand

Credit 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 […]

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Canada Immigration

Work and Study Permit holders see huge gains in employment, as strong hiring continues in Canada

February 14, 2023 admin canada employment, canada unemployment, canadian study permit, canadian work permit, employment, hiring, Inflation, interest rates, International students, january labour force survey, jobs, non-permanent residents, study permit, unemployment rate, vacancies, wages, work permit

Credit 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 […]

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Canada Immigration

The Bank of Canada just raised interest rates again. What does this mean for newcomers?

February 2, 2023 admin bank of canada, Canada, canada skilled worker immigration, immigration, Inflation, interest rate, interest rate hike, labour market, labour supply and demand, settle

Credit 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. […]

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Canada Immigration

Bank of Canada Governor talks about using immigration to balance the national labour market

November 23, 2022 admin bank of canada, canada skilled worker immigration, immigration, Inflation, jobs, labour market, labour supply and demand

Credit 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 […]

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CleanTech Energy News Science

Top Inflation Cause — 54% Corporations Robbing You

November 10, 2022 admin Congress, green economy, Inflation, katie porter, policy & politics

Credit 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 […]

CleanTech Energy News Science

Inflation Is Global — For Obvious Reasons (That Have Nothing To Do With Joe Biden)

November 7, 2022 admin clean power, clean transport, Democrats, Electric vehicles, GOP, Inflation, policy & politics, Republicans, Solar energy, wind energy

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 […]