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 – Una nuova ricerca rivela che il Canada si sta dirigendo verso una “lieve” recessione poiché gli elevati costi di indebitamento, una flessione economica negli Stati Uniti e l’inflazione persistente aumentano l’incertezza economica del Paese.
TORONTO – Misure anti inflazione, incentivi per lo sviluppo delle industrie a basso impatto ambientale e sostegno della crescita. Il Budget 2023 del governo guidato da Justin Trudeau mette nero su bianco le linee guida dell’agenda di governo per i prossimi dodici mesi e conferma quelle che erano state le priorità già elencate nell’ultimo periodo da Chrystia Freeland. Il ministro delle Finanze, ieri pomeriggio subito dopo la chiusura dei mercati, ha presentato la Manovra alla House of Commons, una legge di bilancio che stando alle previsioni dovrebbe ottenere il via libera decisivo dell’Ndp di Jagmeet Singh.
TORONTO – Canada is heading into a “mild” recession as high borrowing costs, an economic downturn in the United States and persistent inflation add to the country’s economic uncertainty, new research reveals. Deloitte Canada’s latest economic outlook, released Tuesday ahead of the federal budget, says tight monetary policy is set to constrict economic growth this year. But research suggests the recession won’t be as deep as previously expected, thanks to resilient labor markets, which keep incomes strong. →
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). →
