Gatineau – A summer job plays an important role in a young person’s life. It puts money in their pockets to help pay for education and living expenses, and also allows them to learn new skills, build confidence and explore their career interests. That is why the Government of Canada supports the creation of thousands of meaningful summer jobs for …
Ottawa – The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is continuing its policy of balance sheet normalization. The global economy expanded by about 2½% in the second quarter, consistent with projections in the Bank’s July Monetary Policy Report (MPR). In the …
Gatineau – The Government of Canada is supporting Canadian employers and helping them adapt to current economic conditions. Canada is experiencing continued low unemployment rates and while there are some signs that labour shortages are easing, the rebound is inconsistent, and certain sectors, such as hospitals, food manufacturing, construction, and accommodation and food services, are still facing challenges. In April …
