Category: Economy

Homes, the market recovers: sales on the rise in the GTA

TORONTO – Those who have had their house for sale for months and have not yet managed to sell it can probably breathe a sigh of relief: the market is recovering, because recent interest rate cuts have made mortgages more accessible and sustainable and therefore co-buying a house is no longer impossible (for people with a normal salary and without “treasures” in the bank) as it was until a few months ago. 

CORRIERE CANADESE / “In arrivo ripresa dell’economia, tassi sotto al 3% entro metà 2025”

TORONTO – L’economia canadese tornerà a crescere, mentre i tassi d’interesse sono destinati a calare nel 2025. È quanto prevede un rapporto di Deloitte Canada che mette in luce come il prossimo anno quasi tutti i comparti della nostra economia registreranno una crescita, mettendosi alle spalle le difficoltà registrate negli ultimi due anni… Read More in Corriere Canadese >>> 

Less immigration and few children due to the crisis: and the population growth slows

TORONTO – Canada’s population growth slowed slightly in the final quarter of the year, the first time since 2020, when the number of people entering the country nearly stopped, as Canada closed its borders due to the Covid-19 pandemic. The slowdown in growth, reported on Wednesday by Statistics Canada, is due to the recent crackdown on immigration by the federal government (which has progressively reduced the number of international students and the number of temporary foreign workers due to the “housing crisis”) and, at the same time, to the further decline in births. Two factors which, when combined, become “explosive” (in a negative sense), given that international migration almost entirely represents the increase in the Canadian population.

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.