TORONTO – Will it be for transparency or, perhaps, will it be to justify the fact that rates continue to be increased even if the effects on inflation (which was supposed to fall to 2% and which is still over 6%) are not seen? Maybe.
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). →
TORONTO – Una boccata d’ossigeno per le famiglie canadesi. È quella che arriva dai dati sull’inflazione pubblicati ieri da Statistics Canada che confermano una piccola diminuzione del costo della vita nel nostro Paese…
TORONTO – Since Flavio Volpe became its President, the Automobile Parts Manufacturers’ Association (APMA) has been churning out newsworthy items on a regular basis. Corriere Canadese interviewed him after yet another story about Canada’s preparedness to sustain, and compete in, the Automobile Manufacturing sector appeared in Friday’s Star.
ROME – “Canada is getting closer and closer”. The export numbers say it, and the new Canadian ambassador to Italy, Elissa Golberg, confirmed it during a meeting with Barbara Beltrame Giacomello, Vice President of Confindustria with responsibility for Internationalization.
