The Bank of Canada’s own guidelines are to blame for the high rate of inflation.
Governor of the Bank of Canada Tiff Macklem speaks at a press conference in Ottawa in June 2022.
Governor of the Bank of Canada Tiff Macklem speaks at a press conference in Ottawa in June 2022.
A number of factors have contributed to the recent rise in inflation, including supply chain disruptions, the Russian invasion of Ukraine and labour shortages.
Given most New Zealand universities have goals for increasing Māori and Pacific student and staff numbers, we need to ask why their numbers still remain stubbornly low in the research sector – and even lower within “STEM” (science, technology, engineering and mathematics) departments.
Canadian economists predict a recession will likely occur sometime in 2023.
With the increase in remote work options, workers and their families are seeking to relocate to cities that offer a balance between good salaries and a better lifestyle.
While Canada has always relied on newcomers for population growth because of its low birth rate, both housing affordability and job availability tend to fluctuate much more drastically.