MoneySense, a Canadian personal finance magazine, has released its annual Best Places to Live for 2013 index, and Calgary takes the number one spot as the best place to live in Canada overall, while Burlington, Ontario is ranked as the best city for new immigrants. The index scores cities according to 11 groups of indicators, which include commuting, crime, housing, weather, […]
Read moreA story in Saturday’s Irish Times examines the increase in Irish immigration to Canada as the country’s workers seek employment abroad. The article notes two trends in recent years: Canada being increasingly favoured by Irish emigrants over Australia and the age of the average Irish emigrant increasing: “The most noticeable trend over the past 12 months has been the swing away […]
Read moreDavid Black, a British Columbia-based newspaper publisher and billionaire whose idea to raise financing for a refinery in Kitimat was largely dismissed by the oil industry when first proposed last August, saw those plans take a big step toward reality this week with the announcement that a major investment firm was ready to back the project. Switzerland-based Oppenheimer Investments Group […]
Read moreA report released on Tuesday and put together by TD Bank’s deputy chief economist finds that wages for Canadian workers have grown at roughly the same pace in all major occupational groupings and skill levels, and the number of high skilled jobs has increased at the expense of low-skilled and medium-skilled jobs. The findings suggest either that the skills mismatch […]
Read moreAn article appearing in the online edition of last Tuesday’s Canadian Business magazine suggests that Vancouver stands to follow in Calgary’s footsteps and become an energy company magnet: The management of Canada’s oil and gas industry has become, over the past few decades, ever more concentrated in Calgary. To many, Imperial Oil’s 2005 move from Toronto sealed the deal. But that […]
Read moreAccording to an article published on Tuesday in Maclean’s, a Canadian weekly news magazine, Canada leads the world in per capita outgoing remittance, as a consequence of its proportionally large and well-skilled immigrant population. In 2012 an estimated $23.4 billion was sent overseas, according to new World Bank figures which track remittances. On a per capita basis that’s double what flows […]
Read moreCanadian energy producers exported over $120 billion worth of energy products in 2011, which constituted over 25 percent of the $462 billion worth of goods/services exported from Canada that year. The sizeable contribution made by the oil and gas sector to Canada’s export revenue helped shore up the value of the Canadian dollar, which enhanced Canadians’ purchasing power internationally and […]
Read moreCitizenship and Immigration Canada (CIC) celebrated the 20,000th graduate of the Canadian Immigrant Integration Program (CIIP) on Tuesday, marking a milestone in its effort to improve the economic integration of new Canadians. CIIP was launched in 2010 with funding from CIC, and is managed by the Association of Community Colleges (ACCC). The program provides counselling on settlement-related issues like entering the […]
Read moreThe government of Canada ended distribution of the Canadian penny to financial institutions on February 4th, marking the end of the penny’s 155 year history in the country. The decision came about due to the steady devaluation of the Canadian dollar, which has reduced the face value of the penny to one twentieth of what it was worth when it […]
Read moreA story appearing in Monday’s Financial Post, one of Canada’s largest national business newspapers, examines the achievements of Canada’s Latin American immigrant entrepreneurs, which it calls Generation Ñ. The article, by Eva Salinas, profiles Diego Casco, a native of Costa Rica, who now runs a branding agency in Toronto, Canada. His experience is like that of many in Generation Ñ. After over a decade of building […]
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