TORONTO – The Bank of Canada has made its first interest rate cut since March, lowering its benchmark rate by 25 basis points, from 2.75% to 2.5%. There were several reasons for Canada’s central bank’s decision, as explained today during a press conference held by the bank’s governor, Tiff Macklem, and deputy Carolyn Rogers. →
TORONTO – L’inflazione in Canada è aumentata ad agosto, ma è cresciuta meno di quanto previsto da alcuni economisti. Non si arresta, comunque, l’ascesa di prezzi…
TORONTO – Inflation in Canada increased in August, but less than some economists expected. However, the price rise continues. According to data released today by Statistics Canada (here the whole report), inflation for consumer goods and services, measured by the consumer price index, was 1.9% in August compared to the same month last year. Economists, as we said, had expected a slightly higher rate: 2%, up from 1.7% in July. →
TORONTO – In almost every neighbourhood in Toronto and the GTA, homes sold for below asking prices last month, according to a report by Wahi, a real estate analytics firm. “In August, the share of neighbourhoods in underbidding territory across the region matched a three-year high” said Wahi’s Josh Sherman. According to the report, released on September 4 (and available here), 98% of GTA neighbourhoods with at least five home sales during the month were underbid in August, up from 95% in July and 89% a year ago. →
TORONTO – Statistics Canada conferma quasi in toto le previsioni degli esperti: lo stop alla carbon tax per i consumatori ha fatto calare sensibilmente l’inflazione ad aprile, portando il tasso annuo all’1,7% dal 2,3% di marzo: si tratta di un dato leggermente superiore all’1,6% previsto nei giorni scorsi dagli economisti…
