Category: Economy

New housing: skyrocketing costs for infrastructure, but there’s a way. All the details in the report “A Jump Start”

TORONTO – Canada needs to build more homes and it needs to do it as fast as possible. But there is a… “but”: this will imply the need to increase spending on municipal infrastructure like roads, sewers, water mains, public transport, schools, parks, fire stations… and according to the report “A Jump Start” by former city manager and Ontario deputy minister Michael Fenn and the Canadian Urban Institute (funded by the Canada Infrastructure Bank), the average cost of such infrastructure could exceed $100,000 for each newly built home (you can download and/or read the whole report here: A-Jump-Start).

CORRIERE CANADESE / Taglio dei tassi, Bank of Canada al bivio: oggi l’annuncio

TORONTO – Finita l’attesa, la parola passa a Bank of Canada. Oggi infatti è atteso l’annuncio da parte del governatore Tiff Macklem sui possibile taglio dei tassi d’interesse, fermi alla soglia del 5 per cento dal luglio del 2023. E se nelle previsioni della vigilia non è stata registrata l’unanimità degli analisti economici sulla probabile svolta, i mercati finanziari scommettono sul taglio del tasso di sconto… Read More in Corriere Canadese >>>