Canada House, our nation’s Excessive Fee in the United Kingdom, has reopened its doors after an extensive restoration to merge all its operations beneath one roof. Canada’s housing increase has been accompanied by a steady rise in the nation’s household debt to 165 p.c of disposable earnings by the end of 2015 (see chart). House prices in Vancouver and Toronto—that contribute about a third of Canada’s GDP—have led the increase. Home costs in Canada have continued to rise, while prices in many different international locations have either changed little or fallen.
A brand new paper by Andrea Pescatori and Stefan Laseen supports the Financial institution of Canada’s determination to cut the policy interest rate in response to the collapse in oil prices early final 12 months. I can be responsible for your round-trip airfare, food, residing accommodation, transportation, medical insurance, and every other bills to financially help you throughout your visit and momentary keep in Canada. On the whole, the extra people in a province or territory, the extra Members it has in the Home of Commons. Now Canada House is likely one of the first diplomatic missions to have a state-of-the-artwork e-mail system where vacationers can get instantaneous messages from abroad. A mini model of that is playing out in Alberta, which has the third highest degree of family debt among the many provinces—after British Colombia and Ontario—and was hit by a big phrases of trade shock from the oil value decline.
In 1867, the Fathers of Confederation, that … Read More