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Bank of Canada reduces policy rate by 50 basis points to 3¾%
Ottawa – The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is continuing its policy of balance sheet normalization. The Bank continues to expect the global economy to expand at a rate of about 3% over the next two years. Growth …
US festival premiere of Torill Kove’s Mikrofilm/NFB animated short Maybe Elephants
Montreal – National Film Board of Canada Oscar winner Torill Kove’s new Mikrofilm/National Film Board of Canada animated short Maybe Elephants makes its much-anticipated US debut this month at three southern California film fests: the Newport Beach Film Festival (Oct. 17–24), Animation Is Film (Oct. 18–20) and AFI FEST in Los Angeles (Oct. 23–27). Maybe Elephants marks the fourth collaboration of the NFB and Norway’s Mikrofilm AS with Montreal-based animator Torill Kove—a stellar run of animation excellence over two decades, encompassing three Academy Award-nominated shorts, including her 2007 Oscar …
Saguenay–St. Lawrence Marine Park expansion project
Quebec – The St. Lawrence Estuary is a collective gem, both culturally and naturally. The project involves expanding the Saguenay-St. Lawrence Marine Park to help protect a larger part of its estuary. Some 400 km long and up to 350 m deep, it is one of the largest and deepest estuaries in the world. The proposed expansion would thus bring …
What are Canada’s Temporary Foreign Worker Program reforms
Gatineau – Canada’s Temporary Foreign Worker (TFW) Program is designed as an extraordinary measure to be used when a qualified Canadian is not able to fill a job vacancy. In recent months, the Government of Canada has taken steps to strengthen the integrity of the TFW Program, and on August 26, 2024, committed to completing further reviews over the following …