Canada Unemployment Rate Jumped To 13 per cent In April, 2020 Cаnаdа lоѕt аlmоѕt two million jobs during thе mоnth оf Aрrіl, 2020 a rесоrd hіgh, аѕ the іmрасt of COVID-19 оn thе есоnоmу made іtѕеlf known. Statistics Canada’s Lаbоur Force Survеу data rеlеаѕеd Frіdау brіngѕ thе tоtаl numbеr оf jobs lost during […]
economic conditions
OSFI increases domestic buffer to 2% amid household debt risk for big banks
OSFI increases domestic buffer to 2% amid household debt risk for big banks OSFI, the federal banking regulator, is increasing the domestic stability buffer for the country’s systemically important banks to 2.00 per cent from 1.75 per cent. The Office of the Superintendent of Financial Institutions said Tuesday that on balance […]
Toronto housing slowdown reasons Bank of Canada showed
Toronto housing slowdown reasons Bank of Canada showed The Bank of Canada found the prices of the housing market went up way out of affordability range for buyers. The Bank estimated. that between 2015 and 2018, the rising cost of home ownership would have lowered annual home sales nationwide by a hefty 56,000 […]