Category: Family Living

Inflation soars to 2.6%. “And it’s just the beginning”

TORONTO – The experts had predicted it, and unfortunately they were right: the annual rate of inflation increased last month (February), rising to 2.6%, from 1.9% in January. Statistics Canada announced it today, noting that the end of the GST/HST suspension (the tax on commercial goods, suspended by former Prime Minister Justin Trudeau before Christmas, until February 15), contributed  “notable upward pressure to prices for eligible products”. 

CORRIERE CANADESE / Tassi di interesse, atteso un nuovo taglio in una situazione di grande incertezza

TORONTO – Nonostante una situazione di grande incertezza, la Bank of Canada dovrebbe tagliare di un ulteriore 0,25% i tassi di interesse che dovrebbero così scendere a 2,75%. La guerra commerciale – in continua evoluzione – con gli Stati Uniti non dovrebbe dunque influire, almeno per il momento, sulle scelte della banca centrale canadese che si trova a dover stabilire la politica monetaria in un momento in cui l’inflazione ha mostrato segni di “resistenza” e l’economia sembra riprendere vigore, tuttavia in un quadro di totale incertezza generata dai continhui annunci e dietrofront del presidente statunitense Donald Trump sui dazi… Read More in Corriere Canadese >>> 

Interest rates, a new cut expected in a situation of great uncertainty

TORONTO – Despite a situation of great uncertainty, the Bank of Canada is expected to cut interest rates by a further 0.25%, which should thus fall to 2.75%. The trade war – constantly evolving – with the United States should therefore not influence, at least for the moment, the choices of the Canadian central bank which finds itself having to establish monetary policy at a time when inflation has shown signs of “resistance” and the economy seems to be regaining strength, however in a context of total uncertainty generated by the continuous announcements and U-turns of US President Donald Trump on tariffs.