Consumer price index for April rose 6.8 percent compared with a year ago, up from a gain of 6.7 per cent for March--the highest since January 1991, when the annual rate was 6.9 percent.
Category: Business
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Ferdinand “Bongbong” Marcos Jr. gets landslide win in overseas voting
Based on the partial and unofficial results, as of May 13, 2022, Marcos led the presidential race with 31,104,175 votes against Robredo's 14,822,051 votes.
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Philippines: Clark airport’s new terminal building officially opens
The new terminal boasts a 110,000 square-meter area, featuring state-of-the-art facilities that situate itself as a premier Asian gateway for tourism and business alike.
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Rusty travellers, uneven flight volumes slowing airport security lines: Minister
Transport Minister Omar Alghabra says Canada’s airport security agency is increasing its staffing, but that a lack of workers is not the main culprit for the unacceptable delays passengers are facing this spring. Multiple airports are reporting extremely long lines at airport security and border screening checkpoints while passengers say they are being forced to...
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April jobless rate drops to another new low as economy adds 15K jobs: StatCan
Statistics Canada says the jobless rate fell in April to another record low as employment was little changed for the month with a gain of 15,300 jobs. The unemployment rate came in at 5.2 per cent for April compared with the previous record low of 5.3 per cent set in March. The drop in the...
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Convoy organizer warns of ‘free-for-all’ if police ban protest from downtown Ottawa
One of the organizers of a planned motorcycle convoy is warning of a “free-for-all” on Friday if Ottawa police don’t allow hundreds of protesters to bring their bikes onto the streets around Parliament Hill. The “Rolling Thunder Ottawa” convoy plans to do a loop through downtown next weekend, with a stop planned at the National...
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Government policies discourage older Canadians from continuing to work
VANCOUVER, British Columbia, April 21, 2022 (GLOBE NEWSWIRE) — If governments in Canada want to help seniors who want to continue working, they should remove barriers that discourage them from remaining in the workforce, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “All Canadians, no matter...
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Canadian inflation rate spikes to 6.7% in March, highest point in 31 years
2022 April 20: Annual inflation rose to 6.7% last month, up from 5.7% in February, Statistics Canada reported Wednesday in Ottawa, which marked the biggest increase to the consumer price index since August 1991, according to Statistics Canada. Pushing the rate higher were prices for gasoline and groceries, which further climbed in March after Russia’s invasion...
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Officials working to find housing for 144 people displaced by fire in Vancouver
"This building houses some of our most precious residents in our city and the impact on them is going to be very traumatic. We're aware of that and our hearts go out to all of those impacted, not only the residents, but to the businesses," Fry said.
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Helping young people get into the housing market
Everyone should have a place to call home, yet it is becoming increasingly challenging for many Canadians, especially young people, to find a safe and affordable place to live. That’s why a key focus of Budget 2022 is making housing more affordable for young people in communities across the country. The Prime Minister, Justin Trudeau, today...