TORONTO – Abolish the federal sales tax on “sustainable” new real estate construction, to reduce mortgage costs and speed up home construction. The proposal was launched today by Conservative leader Pierre Poilievre: at a press conference in Ottawa he announced that, if elected prime minister, he would cut sales tax on new homes sold for less than $1 million. →
TORONTO – The debt referenced above is not merely an economic one, despite the drop in interest rates announced (ordered) by the Bank of Canada. That is the same organization that, over the last three years has been raising the prime rate; the Left wing in society might call that execise a quasi-larceneous transfer of wealth to an ever-shrinking number of people who may be in a position to access the fabled top “1%” of society.
TORONTO – L’Ontario batte cassa: per poter erogare correttamente il programma nazionale di assistenza all’infanzia da 10 dollari al giorno in questo momento e oltre la durata dell’attuale accordo ha bisogno di ulteriori fondi dal governo federale…
TORONTO – Alla fine il tanto atteso “robusto taglio” dei tassi di interesse è arrivato: 0,50. La Bank of Canada ha infatti comunicato, ieri, il cambio del tasso dal 4,25% al 3,75%. Il taglio di mezzo punto percentuale è il quarto taglio consecutivo da parte della banca centrale, dopo che l’inflazione è scesa dal 2,7% di giugno all’1,6% di settembre, ma è il primo dello 0,50: i precedenti erano stati tutti dello 0,25…
TORONTO – The long-awaited “robust cut” in interest rate has finally arrived: 0.50. In fact, the Bank of Canada announced today the change in the rate from 4.25% to 3.75%. The half percentage point cut is the fourth consecutive cut by the central bank, after inflation fell from 2.7% in June to 1.6% in September, but it is the first of 0.50: the previous ones were all 0.25.
