TORONTO – Statistics Canada almost entirely confirms the experts’ forecasts: the end of the consumer carbon price has significantly reduced the inflation in April, bringing the annual rate to 1.7% from 2.3% in March: this is slightly higher than the 1.6% forecast by economists in recent days. →
TORONTO – Statistics Canada is scheduled to release tomorrow its April consumer price index data. The new inflation reading comes two weeks before the Bank of Canada’s next interest rate decision, scheduled for June 4. And the forecast – made last Friday by economists at LSEG Data & Analytics – predicts that April inflation will fall to 1.6%. Same forecast comes from RBC’s experts: annual inflation will fall to 1.6% in April from 2.3% in March. →
TORONTO – Big news for the Italian Contemporary Film Festival as they beat out TIFF at the annual Canadian Event Awards. The ICFF won the prestigious annual award for “Best Corporate Event” of 2024, for their Closing Gala, A Night with Isabella (Rossellini). The grassroots, non-profit Italian Film Festival – also known as the Lavazza Inclucity Festival – began in 2012 as a four-day event, hosted in a single venue.
TORONTO – The most feared effect of the trade war triggered by the imposition of duties by US President Donald Trump is starting to be felt, and it hurts: the increase in grocery prices. In fact, after an initial period of stalemate – mainly due to the fact that until now there were still goods imported before the “outbreak” of the trade war – now we are entering “regular mode” and the inevitable consequence is that with the increase in reciprocal duties (those imposed by the US and the “retaliatory” Canadian ones) prices will also increase. →
TORONTO – “Every child deserves to enjoy good physical and mental health and the opportunity to develop their skills and abilities. But when it comes to child and youth well-being, Canada barely gets a passing grade” says UNICEF in its “Report Card 19” where the number 19 is in fact Canada’s position in a ranking of 36 countries, far below the highest level expected for one of the world’s richest nations. →
