Category: Economy

For Canadians in big cities, “making ends meet is tougher and tougher”

TORONTO – The main concern of Canadians living in big cities is the high cost of living. Any price is considered too high: that of rent, that of utilities, that of groceries. This is what emerges from a new survey conducted by Maru Public Opinion for CityNews between August 29 and September 6, 2024 among a random selection of 1,801 adults living in Toronto, Vancouver, Edmonton and Calgary. 

UN, spotlight on Meloni: and she is aiming for Space

NEW YORK – The spotlight is all on her: Italian Premier Giorgia Meloni is the protagonist of the 79th session of the United Nations General Assembly underway in New York while we are writing this article. Indeed, the President of the Italian Council of Ministers was awarded the Global Citizen Award 2024, a prestigious award given every year by the Atlantic Council: the award ceremony is scheduled for 7 pm, today, during a gala organized for the occasion. But the news is double: in fact, not only Meloni is awarded, but she receives the prix directly from the hands of Elon Musk, owner of Tesla, X (Twitter) and SpaceX (and a great supporter of Donald Trump in the presidential elections USA).

Better than expected: inflation is at 2%

TORONTO – It went better than expected. A 2.1 was assumed a few days ago, but the rate of inflation fell even further, to 2%. The Bank of Canada’s objective was therefore achieved after a tumultuous period with the dizzying growth in prices, led by battles of increasing interest rates. The annual inflation rate therefore fell from 2.5% in July to 2% in August, reaching the lowest level since February 2021.

CORRIERE CANADESE / L’inflazione cala ancora: ci si aspetta il 2,1%

TORONTO – Il tasso di inflazione annuale del Canada dovrebbe scendere al suo livello più basso da marzo 2021: in vista della pubblicazione dell’indice dei prezzi al consumo di Statistics Canada previsto per domani, martedì, gli economisti intervistati da Reuters si aspettano che il rapporto mostri che i prezzi sono aumentati del 2,1% rispetto a un anno fa, in calo rispetto al 2,5% di luglio… Read More in Corriere Canadese >>> 

CORRIERE CANADESE / Mancano le case? Falso. “Migliaia di appartamenti sono invenduti” (e vuoti)

TORONTO – La giustificazione “mancano le case”, data dal governo federale per supportare il recente giro di vite sull’immigrazione (leggete il nostro precedente servizio qui), appare totalmente infondata di fronte ai dati snocciolati alla Canadian Press (qui l’articolo) dagli operatori immobiliari dell’area metropolitana di Toronto: in estrema sintesi, a loro dire le case ci sono, eccome. E si parla di migliaia di appartamenti nuovi, invenduti, vuoti… Read More in Corriere Canadese >>> 

Lack of homes in the GTA? False. “Thousands of apartments unsold” (and empty)

TORONTO – The “lack of houses” justification, given by the federal government to support the recent crackdown on immigration (read our previous article here), appears totally founded in the face of the data presented to The Canadian Press (here the article) by real estate operators in the Toronto metropolitan area: in a nutshell, they say the houses are there, of course. And we are talking about thousands of new, unsold, empty apartments.

CORRIERE CANADESE / Bank of Canada: in arrivo il terzo taglio consecutivo dei tassi d’interesse

TORONTO – Tutto pronto per il terzo taglio dei tassi d’interesse. È infatti in programma oggi l’annuncio da parte del governatore di Bank of Canada Tiff Macklem che, secondo la maggior parte degli analisti, dovrebbe confermare una nuova sforbiciata dello 0,25 per cento sul tasso di sconto, portando quindi allo 0,75 per cento il totale del taglio effettuato negli ultimi mesi, da quando la Banca Centrale ha inaugurato il nuovo corso della sua politica monetaria… Read More in Corriere Canadese >>>