Next steps on recent changes to Temporary Foreign Worker Program explained

eAwazLocal News

Gatineau – The Temporary Foreign Worker (TFW) Program is designed as an extraordinary measure to be used only when qualified Canadians and permanent residents are not able to fill job vacancies. Given current labour market conditions, and to further  reduce the reliance of Canadian employers on the Program, Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, announced changes …

Bank of Canada maintains policy rate, continues quantitative tightening

eAwazLocal News

Ottawa – The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Global economic growth continues to slow, with inflation easing gradually across most economies. While growth in the United States has been stronger than …