Category: Economy

Crazy rents in Toronto, young couples give up having children

TORONTO – The testimony of Anna Smith, chosen by journalist Natalie Stechyson of the CBC for her article published today, perfectly summarizes the situation of young Canadian couples living in Toronto: she is 27 years old and shew lives with her partner in a 500-square-metre apartment square feet (i.e. less than 50 square meters) in east Toronto for $1,550 per month. A theft, for a “hole” like that. And it is a condition that is common to many Canadians aged between 20 and 30, for whom it is already difficult to make ends meet: let alone if they had a child… and so Anna, like many other girls, delays maternity leave for two years now. A decision that she herself describes as “just heartbreaking”. (more…)

Premier Doug Ford’s cuts to bureaucracy save Ontario developers hundreds of millions of dollars a year in costs

TORONTO – In Ontario, building contractors and developers are among the biggest beneficiaries of the bureaucracy-cutting measures introduced by Premier Doug Ford’s government: thanks to him, they have saved hundreds of millions of dollars a year in costs. This is what emerges from a CBC investigation which, however, in fact confirms what Ford himself had promised to do: reduce bureaucracy as much as possible to facilitate the construction of new cases.  (more…)

CORRIERE CANADESE / Cresce l’inflazione su base annua, il taglio dei tassi ora è più lontano

TORONTO – Contro ogni aspettativa della vigilia, l’inflazione torna a crescere in Canada. La conferma è arrivata ieri dal rapporto mensile di StatCan che mette in luce come il costo della vita nel nostro Paese, su base annua, abbia subito un’impennata dello 0,2 per cento a maggio, passando dal 2,7 per cento di aprile al 2,9… Read More in Corriere Canadese >>>