Welcome to the Canadian National Multilingual News Group (CNMNG). This is a project made possible through funding by Canadian Heritage. CNMNG aims to gather news researched and written by a corps of Canadian-based journalists/writers from the country’s multilingual community groups. The overall goal is to inform, analyze and critique the issues of the day in a professional manner and to provide that to publishers and editors active in the ethnocultural-multilingual press and media whose experience provides them with a perspective that is sensitive to news relevant to their own language group.
TORONTO – The municipalities of Ontario fear that the new housing legislation adopted by the Province could unload excessive burdens on the municipalities themselves and on taxpayers. The bill presented Tuesday by Ontario Minister of Municipal Affairs and Housing, Steve Clark, would, in fact, reduce and / or exempt from taxes that builders would have to pay in order to build. (more…)
TORONTO – L’aveva annunciato e l’ha fatto. Bank of Canada ha alzato il tasso di interesse di riferimento di un altro 0,50, portandolo dal 3,25 al 3,75 per cento. Dallo scorso mese di marzo, la banca centrale ha aumentato per ben sei volte il tasso di riferimento, “con l’obiettivo di contrastare l’inflazione e riportarla all’obiettivo del 2%”, ha sempre sostenuto la stessa banca. Un obiettivo che è lontanissimo dall’essere raggiunto, come proprio Bank of Canada ammette nel comunicato pubblicato ieri sul suo sito (qui)…
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…)
TORONTO – Il Canada si avvicina alla recessione, le famiglie sono in ginocchio ma la banca centrale “tira diritto” e domani annuncerà l’ennesimo rialzo del tasso di interesse. Ancora non si sa di quanto: 0.50 o forse 0.75. Di certo c’è che si tratta del sesto aumento da marzo: in pochi mesi, si è passati dallo 0,25 al 3,25 per cento, portando così alle stelle i costi dei mutui e dei finanziamenti a tasso variabile stipulati dalle famiglie canadesi…
TORONTO – Canada is approaching recession, families are on their knees but the central bank “pulls straight” and on Wednesday tomorrow will announce yet another interest rate hike.
