labour supply and demand – Thinking Port

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. […]

The post The Bank of Canada just raised interest rates again. What does this mean for newcomers? first appeared on CIC News.

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 […]

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