Category: Finance

Canada Economy English Family Living Featured Finance News Updates

Bank of Canada, here’s the increase: interest rate at 3.75%

TORONTO – Said and done. Bank of Canada raised the interest rate by another 0.50, taking it from 3.25 to 3.75 percent. Since last March, the central bank has raised the reference rate six times, “with the aim of combating inflation and bringing it back to the 2% target”, as the central bank has always maintained. A goal that is far from being achieved, as the Bank of Canada admits in the statement published today on its website (here). (more…)

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Canadian Innovation in the Auto Sector: Project Arrow

TORONTO – Since Flavio Volpe became its President, the Automobile Parts Manufacturers’ Association (APMA) has been churning out newsworthy items on a regular basis. Corriere Canadese interviewed him after yet another story about Canada’s preparedness to sustain, and compete in, the Automobile Manufacturing sector appeared in Friday’s Star


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Confindustria incontra la neoambasciatrice: “Il Canada è sempre più vicino”

ROMA – “Il Canada è sempre più vicino”. Lo dicono i numeri dell’export e lo ha confermato la neoambasciatrice canadese in Italia, Elissa Golberg, nel corso di un incontro con Barbara Beltrame Giacomello (nella foto sopra), vicepresidente di Confindustria con delega all’Internazionalizzazione. 


Canada Economy English Featured Finance

Canadian prices on the rise forcing consumers to spend more

The holiday shopping season is in full swing. This year’s outlook is forecasted to be better than last year, according to Deloitte Canada. The accounting organization that specializes in professional services like audit, consulting and financial advisory suggests shoppers are likely to spend an estimated average of $1,841 this holiday season, an increase of 31%, compared to the $1,405 spent last year.

With over 75% of eligible Canadians fully vaccinated against Covid-19 combined with heightened consumer confidence, it’s understandable that more people are likely to venture out this year to celebrate and spend more doing so. Yet, not all appears to be positive.


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ইউএনডিইএসএ’র রিপোর্টে বাংলাদেশের ‘টেকসইপূর্ণ অর্থায়ন’ মূল্যায়িত

জাতিসংঘের অর্থনৈতিক ও সামাজিক বিষয় সংশ্লিষ্ট প্রতিষ্ঠান ‘ইউএনডিইএসএ’ কর্তৃক ৫ নভেম্বর প্রকাশিত ২০২০-২১ সালের ১৩২ পৃষ্টার রিপোর্টে বাংলাদেশ ‘টেকসইপূর্ণ অর্থায়ন নিশ্চিত করতে পেরেছে’ বলে উল্লেখ রয়েছে।   (more…)

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Bitcoin Mahirap Intindihin 

Noon Bieyernes 25 nang Hunio 2021 ang pagunahin balita na umuugong sa Google ay Kryptokuransy (1) Ethereum, Dogecoin, BNB, XRP, (2)- maga pagalan parang planeta, diretsong galing sa siansiya pangisip-na nag dudulot nang kaguluhan o pag kasindak. Sa lahat nang ito ay ang Bitcoin. Kunting pagka takataka? Ang 52-lingo taas nang Bitcoin dating $64,863. Noon 9:06 Bieryernes nang umaga nang 25 nang Junio 2021 ito ay bumagsak pag baba nang $33,100.54. Maga experto sa prohekto sinabi na ang bagay na ito ay lalong lalala. (more…)

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Bitcoin is a Bit Hard to Understand 

On Friday, June 25, 2021, the number one news trending in Google was cryptocurrency.  Ethereum, Dogecoin, BNB, XRP – sounding like names of planets, straight out of science fiction – were causing quite a stir, if not panic.  At the centre of it all was Bitcoin. Bitcurious? The 52-week high of Bitcoin had been $64,863.  At 9:06 am on Friday, June 25, 2021, it plummeted down to $33,100.54.  Experts project that things are going get worse. (more…)

Bengali Business & Economy Finance News Updates

এই প্রথম কোনো দেশকে ধার দিচ্ছে বাংলাদেশ

Prime Minister of Sri Lanka, Mr. Mahinda Rajapaksa. Photo Credit: Wikipedia


টরন্টো, মে ২৬: এই প্রথম বাংলাদেশ কোনো দেশকে ধার দিচ্ছে । রিজার্ভ থেকে প্রায় ১৭ হাজার কোটি টাকা নিচ্ছে শ্রীলঙ্কা। বৈদেশিক মুদ্রার সংকট মেটাতে বাংলাদেশের শরণাপন্ন হয়েছে শ্রীলঙ্কা। (more…) ***This project is made possible in part thanks to the financial support of Canadian Heritage;

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