Increased Canadian Wealth to Boost Economy in 2021
As the global pandemic caused havoc on Canada’s economy, the government quickly implemented household and business income and credit support programs. According to a chief economist at the National Bank of Canada in Montreal, these swift actions caused the average disposable income of Canadians to increase by 12 percent during the pandemic. These steps were […]
The Unemployment Rate in Canada is Dropping
Covid-19 has hit all the countries in the world, even the strongest and richest among them. In Canada, too, unemployment rates doubled as soon as the virus began to spread and the “stay-at-home” policies had begun. According to a Labour Force Survey, it can be seen that Canada is starting to recover from the Covid-19 […]
5 Benefits of Toronto, Canada
Anyone who has visited Toronto can attest that it is a great city and there is a lot to love about it. What exactly makes up the charm of Toronto? We can think of a few things. But in the end, it is the people, nature and values of the city that make it so […]
Canadians Became Significantly Wealthier During 2020
Optimism is high about a sharp economic recovery in Canada once the global pandemic is over According to the Economic Club of Canada, an unprecedented increase in household wealth last year is a key catalyst for significant growth in 2021. Large income support payments, stock market gains, and an upsurge in home prices helped Canadians […]
Immigrants Living in Canada Launch Startup During Pandemic
A perfect storm created the ideal situation for two Canadian women who lost their jobs during the global pandemic last March Maria Avilan worked in supply chain logistics, and Carla Calderon worked in sales. Now, the two are business partners. Losing their jobs pushed them to take a leap of faith and start their company, […]
A 4% Increase in Canadian Businesses that Started Selling Online in 2020
‘Statistics Canada’ recently published an infographic showing business conditions in Canada for the first quarter of 2021. According to the data, 17.6% of businesses in Canada made sales online in 2019. In 2020 that percentage grew to 21.6%, showing a toal growth of 4% in online sales – mostly because of the coronavirus pandemic. For […]
Watch: What is the Federal Skilled Trades Program?
The Federal Skilled Trades Program (FSTP) was created in order to offer a Permanent Resident Visa to Canada for certain skilled tradespeople in dozens of high-demand occupations, such as welders, electricians, plumbers, and so on. Skilled foreign tradespeople and their eligible family members, who are granted a Permanent Resident Visa to Canada through the Federal […]
Women in Canada Make Up a Significant Portion of Front-Line Workers
On March 8th we celebrate International Women’s Day. This year ‘Statistics Canada’ created a unique infographic to show just some of Canadian Women’s achievements. For instance, did you know that during COVID-19 crisis women represented 75% of educators in public elementary and secondary schools in Canada? For more interesting stats take a look at the […]
Canadian Economy Grows Six Months in a Row
Canadian retail sales are continuing to rise and be more robust than expected during the global pandemic The country has seen six consecutive increases since the record drop in April 2020. According to Statistics Canada, motor vehicle and parts dealers are leading the growth, with sales at new car dealerships up by 0.8 percent. The […]
Fogo Island – Canada’s Hidden Irish Treasure!
The predominantly Irish settlement on Fogo Island is a treasure not many have found. The Irish came to the area in the early-to-mid-1700s to take advantage of the fishing and decided to stay. The isolation of the far distant village has kept the resident’s accents pure and preserved. When visiting their homeland, they often are […]