The paper computes the approximate true cost of living indexes from the time series data on price and quantity of nine broadly defined goods and services to show that the cost of living increased faster for the rich in Canada during the three decades. This is due mainly to an increase in ...
Cost of living in Canada Although Canadian student visa requirements say you must have at least CA$10,000 (~US$7,570) (or CA$11,000/~US$8,300 if studying in Quebec) on top of your tuition fees, you’ll likely need to budget much more than this for your living expenses. Your livi...
The last federal minimum wage increase was in April 2022. This change comes as provinces and territories make moves to boost workers' paycheques. Here's a rundown on which spots in Canada will and won't be raising the minimum wage in 2023. For more information on the federal minimum wage...
Professional teeth whitening is the finest option for permanently brighter teeth, whether you choose in-office whitening or take-home whitening trays. The greater expense is well worth it because of the immediate and long-lasting results and the increased comfort. Furthermore, according to the Ameri...
Chandi said he’s mulling factors such as Trump’s tax agenda, the increase to Canada’s capital gains inclusion rate, “Buy American” procurement policies, the cost of living in Vancouver and anemic economic growth in Canada. His company’s investors may also require UrbanLogiq to move to...
A recent Orion survey of travelers under age 65, highlights a 19% increase of respondents who rely on their employee benefits or credit cards for travel insurance (compared to 2017). However, many are unaware of the hidden exclusions and lifetime limits that can leave them vulnerable during ti...
Canada’s consumer price indexrose to a 40-year high of 6.8 per cent last year— the largest increase in inflation in over 40 years. Canada’scurrent monetary policy frameworkstates the agreement between the government and the Bank of Canada sets inflation targets at “two per cent ...
In their Spring 2024 housing market outlook, the CMHC anticipates that despite an increase in rental completions, growing demand for rental homes will not be met in the near future because the cost of homeownership will lead households to stay in rental housing. "Rents will rise and vacancy ra...
Overall, however, Budget 2024 signals a more-of-the-same approach to fostering productivity at a time when bold action is needed. It lacks a clear change strategy to catalyze a new era of productivity growth. And it includes new measures—like the capital gains tax increase—that will signal...
The services sector will be the primary engine of growth in the upcoming years, following a significant increase in the sector of produce-duction during the early stages of the epidemic. Retail sales and housing market activity should spur economic growth in 2022, supporting the sector's positive...