Category: Economy

For Canadians in big cities, “making ends meet is tougher and tougher”

TORONTO – The main concern of Canadians living in big cities is the high cost of living. Any price is considered too high: that of rent, that of utilities, that of groceries. This is what emerges from a new survey conducted by Maru Public Opinion for CityNews between August 29 and September 6, 2024 among a random selection of 1,801 adults living in Toronto, Vancouver, Edmonton and Calgary. 

UN, spotlight on Meloni: and she is aiming for Space

NEW YORK – The spotlight is all on her: Italian Premier Giorgia Meloni is the protagonist of the 79th session of the United Nations General Assembly underway in New York while we are writing this article. Indeed, the President of the Italian Council of Ministers was awarded the Global Citizen Award 2024, a prestigious award given every year by the Atlantic Council: the award ceremony is scheduled for 7 pm, today, during a gala organized for the occasion. But the news is double: in fact, not only Meloni is awarded, but she receives the prix directly from the hands of Elon Musk, owner of Tesla, X (Twitter) and SpaceX (and a great supporter of Donald Trump in the presidential elections USA).

Better than expected: inflation is at 2%

TORONTO – It went better than expected. A 2.1 was assumed a few days ago, but the rate of inflation fell even further, to 2%. The Bank of Canada’s objective was therefore achieved after a tumultuous period with the dizzying growth in prices, led by battles of increasing interest rates. The annual inflation rate therefore fell from 2.5% in July to 2% in August, reaching the lowest level since February 2021.