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.
OTTAWA – Here we go again. The Bank of Canada will raise its benchmark interest rate by 0.75% on Wednesday: a new increase, therefore, after the 0.50% increase on June 1, when the rate was raised to 1.50. %. From Wednesday, it will be at 2.25%. The reason, as always, is that of the “fight against inflation” which in recent weeks has reached its highest level in almost 40 years: 7.7 per cent.
TORONTO – Non ci si potrà permettere neanche la benzina, fra poco. Muoversi in auto, anche per andare a lavorare, sarà un lusso. La stragrande maggioranza degli automobilisti canadesi afferma infatti di essere “preoccupata” di non essere in grado di permettersi il costo per fare il pieno quest’estate poiché i prezzi – già record – dei carburanti continuano a salire. I timori emergono da un sondaggio Ipsos condotto in esclusiva per Global News che l’ha pubblicato ieri evidenziando che, con il prezzo medio della benzina normale oltre i 2 dollari al litro all’inizio di questo mese, il 69% degli intervistati canadesi ha dichiarato di non potersi permettere il fare il pieno…
TORONTO – Getting around by car, even to go to work, will be a luxury soon. The overwhelming majority of Canadian in fact are “worried” that they will not be able to afford the cost of filling up at the pumps this summer as fuel prices – already record – claim to rise. →
TORONTO – Inflazione al 7,7%, prezzi alle stelle e Bank of Canada che continua ad aumentare il tasso “chiave” di interesse – ora all’1,5% – per arginare il problema creandone, di fatto, un altro: l’aumento delle rate di mutui e finanziamenti per le famiglie canadesi. Una “tempesta perfetta”, insomma. La domanda è: quando tornerà il sereno?..
TORONTO – Inflation at 7.7%, skyrocketing prices and Bank of Canada which continues to increase the “key” rate of interest – now at 1.5% – to stem the problem by creating, in fact, another one: the increase in mortgage payments and loans for Canadian families. In short, a “perfect storm”. The question is: when will the clear sky return? →
