Etiket: rate
Rate cut is coming, says Bank of Canada
The conditions expected by the Bank of Canada to reduce its key rate “should materialize during the year,” concluded its board of directors during the deliberations which led to its…
Slowing inflation | Where will the first interest rate cut come from?
Against all expectations, the Bank of Canada could begin lowering interest rates before the American Federal Reserve (Fed), following the second consecutive decline in the Consumer Price Index in February.…
Experiencing the hell of loan sharking: surviving a 220% interest rate
Increasingly pushed towards quick loans at usurious rates of 200%, Quebecers are left to their own devices in the face of everyday financiers. A major private lender has just received…
Measles | Barely one school in ten has a sufficient vaccination rate
Less than one school in ten in Quebec has achieved a vaccination coverage rate of more than 95% against measles, a percentage which confers collective immunity and prevents transmission of…
Measles | Barely one school in ten has a sufficient vaccination rate
Less than one school in ten in Quebec has achieved a vaccination coverage rate of more than 95% against measles, a percentage which confers collective immunity and prevents transmission of…
Mortgage renewal | Rate cuts in sight, but lots of ifs…
The Canada Mortgage and Housing Corporation (CMHC) estimates that 2.2 million mortgages will face an interest rate shock in 2024 and 2025. “This is the first time in more than…
A modulated key rate, why not?
The Bank of Canada increased the key rate by 4.75% in less than two years, from 0.25% to 5%. These successive increases have created a major multiplier effect, particularly on…
The unemployment rate climbs to 5.8% in Canada, stable at 4.7% in Quebec
After a surprise drop in January, the unemployment rate resumed its upward movement in February to stand at 5.8% in the country, indicates Statistics Canada. Posted at 8:38 a.m. In…
Unemployment rate up slightly to 5.8% in Canada in February, stable at 4.7% in Quebec
Employment increased by 41,000 in Canada last month, mostly in full-time employment, while the unemployment rate rose 0.1 percentage points to 5.8%, according to Statistics Canada. In Quebec, the unemployment…
the decline in the birth rate pushes China to think about its education system
By 2035, 30 million fewer students will be in classrooms in China. This raises fears of significant cuts in teaching positions and pushes the country to question the adaptations to…
The Bank of Canada maintains its key rate at 5%
The Bank of Canada once again opted for the status quo on Wednesday, deciding to maintain its key rate at 5% for the fifth consecutive time in the hope of…
The Bank of Canada will announce its decision on the key rate on Wednesday
Several financial observers predict that the Bank of Canada will preach patience during its announcement on its key rate which will be made next Wednesday. Economists say weakening economic conditions…
Bank of Canada | Announcement of the key rate on Wednesday in the context of a fragile economy
(Ottawa) Several financial observers predict that the Bank of Canada will preach patience during its announcement on its key rate which will be made next Wednesday. Posted at 6:34 a.m.…
Oil rises, driven by prospects of rate cuts
(London) Oil prices climbed on Friday, after the publication the day before of a slight decline in American inflation, which supports expectations of a reduction in American rates, and therefore…
Obesity rate among children and adolescents has quadrupled in 30 years, according to WHO
Obesity now affects more than a billion people worldwide, including children and adolescents, according to an estimate published Friday. A scourge that does not only concern rich countries. Published on…
The death rate in Quebec prisons jumped 87% between 2009 and 2022
Between 2009 and 2022, prisons under Quebec jurisdiction recorded an increase in the death rate of 87%, shows the work of a research team made public today. Behind the bars…
The inflation rate fell below 3% in January in Canada
The Consumer Price Index (CPI) rose 2.9% year over year last month after increasing 3.4% in December. Statistics Canada noted a 4% decline in gasoline prices between January 2023 and…
China cuts rate again to support suffering economy
(Beijing) To revive growth, China is counting on more real estate loans: the central bank lowered a reference rate on Tuesday, in the hope of stimulating a key but seized…
employees will have to pay a “flat rate contribution” to benefit from the personal training account (CPF), announces the government
Bercy specifies Monday that 10% of the price of training will now be covered by those who benefit from it, with the exception of job seekers who will not have…
employees will have to pay a “flat rate contribution” to benefit from the personal training account (CPF), announces the government
Bercy specifies Monday that 10% of the price of training will now be covered by those who benefit from it, with the exception of job seekers who will not have…