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

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 […]

The post Bank of Canada Governor talks about using immigration to balance the national labour market first appeared on CIC News.

Read more

Top Inflation Cause — 54% Corporations Robbing You

Credit to Author: Zachary Shahan| Date: Mon, 07 Nov 2022 20:01:20 +0000

inflation causes corporate profitsI 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 […]

Read more

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

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 […]

Read more

What Canada’s rising inflation means for newcomers

Credit to Author: Scotiabank| Date: Tue, 05 Apr 2022 13:30:44 +0000

Many shoppers are finding that things are more expensive when they go to the grocery store. What’s behind those price increases? “Prices are rising much more quickly than in recent years,” says Marc Desormeaux, senior economist at Scotiabank. “In January 2022, the total Consumer Price Index (CPI) was more than 5% higher than one year […]

The post What Canada’s rising inflation means for newcomers first appeared on CIC News.

Read more

February inflation seen settling within 2.4-3.2%

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 28 Feb 2020 17:05:22 +0000

THE country’s inflation likely eased to as low as 2.4 percent or accelerated to as high as 3.2 percent this month, the Bangko Sentral ng Pilipinas (BSP) said on Friday. The range projected by the central bank’s Department of Economic Research compares with January’s 2.9 percent, but lower than the 3.8 percent posted in February […]

Read more

Inflation hits 8-mo high in January

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 05 Feb 2020 17:06:17 +0000

THE country’s headline inflation accelerated to an eight-month high of 2.9 percent in January, the Philippines Statistics Authority (PSA) announced on Wednesday, supporting analysts’ consensus view that monetary authorities could resume easing policy rates as early as this month. The figure — up from December’s 2.5 percent and the highest since May 3.2 percent — […]

Read more

Oct inflation for poor households falls to 0.8%

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 21 Nov 2019 16:20:52 +0000

INFLATION for low-income households eased to a four-year low of 0.8 percent in October on the back of lower fuel and utility prices, the Philippine Statistics Authority (PSA) announced on Thursday. The figure is lower than the 0.9 percent posted in September, and the lowest since October 2015’s 0.4 percent. Year to date, consumer price […]

Read more