Canada’s strong growth prospects and superior economic position have created a favourable foreign investment climate. Canada’s pragmatic approach to economic management—strict banking regulations, stable banking system, low debt ratio, and economic immigration—has created a safe place to invest. Canada was better prepared than any other developed nation to weather the Read more…
Six months have passed since an earthquake devastated the country of Haiti. To date, Canada has spent $150 million to support humanitarian and recovery efforts by providing shelters, removing rubble, and leading water and sanitation projects and child protection initiatives. Canada has pledged more than $1 billion to long-term re-building Read more…
Statistics Canada reports the Canadian economy added 93,200 jobs in June. Almost all of the jobs added are in Ontario (+60,000) and Quebec (+30,000). The large number of jobs added dropped Canada’s unemployment rate to 7.9%. The current unemployment rate in the US is 9.5%. The statistic indicates the strength Read more…
A new report from the Conference Board of Canada recommends that Canadian immigration policies should continue to evolve to prevent labour shortages that could stunt future economic growth. To accomplish this, the report states that Canadian immigration policy should place more importance on the skills of prospective immigrants and whether Read more…
Today, Canada celebrates its 143rd birthday. As people all across the country celebrate Canada, we pause to reflect on what makes Canada worthy of celebration. Canadians have long considered themselves a multicultural success story. “The world seems to agree,” says Andrew Cohen, the President of the Historica-Dominion Institute.
Canadian Immigration Minister Jason Kenney announced on June 26, 2010, that the Government of Canada has amended its current immigration procedures to further reduce the Federal Skilled Worker application backlog and put an even greater emphasis on economic recovery. The changes,effective immediately, include: 1) a change in the occupations that Read more…
“Canada is leading the world in the global economic recovery,” said Minister of Finance Jim Flaherty. A report released yesterday highlights Canada’s strong economy, sound fiscal position, and favourable foreign investment conditions.
From 2005 and 2009, the average overall processing time for Canadian immigration applications decreased to 26 months from 50 months. A recent analysis has found this improvement is linked to legislation introduced in 2008 which fast-tracked applications by skilled-workers such as registered nurses, crane operators, financial auditors, construction managers and Read more…
Immigration ministers from the provinces and territories held a meeting in Ottawa yesterday with federal Immigration Minister Jason Kenney to discuss ways to improve Canada’s immigration system given the importance of immigration to Canada’s future competitiveness and prosperity. The Ministers discussed the status of several key issues including the common Read more…
Today, people from around the world will be watching in anticipation as the 2010 FIFA World Cup begins in South Africa. Over the following month, an estimated one billion viewers will watch teams from 32 countries come together in sport, culminating into a final game which receives more viewers and Read more…