Category Archives: Canadian economy

Canadian Economist Calls for Employment-Based Immigration Selection Process

A new report by Canadian economist and former Member of Parliament Herbert Grubel calls for Canada’s point-based immigration selection process to be completely replaced with one based on employment. Grubel, who is a Fraser Institute senior fellow and a professor … Continue reading

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Immigration Boosting Canadian Housing Sector -Analysis

A new economic analysis credits immigration for keeping Canada’s housing sector growing amid a slowdown in the developed economies. As reported by the Globe and Mail, a National Bank of Canada (NBC) report on the Canadian housing market finds that … Continue reading

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Canada comes in top 5 among G20 in Entrepreneurship Ranking

A new report by Ernst & Young places Canada’s entrepreneurial ecosystem in the top five among the G20 countries. The G20 Entrepreneurship Barometer 2013 ranks a country’s entrepreneurial environment according to its score in five sub-categories: access to funding, entrepreneurship … Continue reading

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Montreal Tops List of Best Cities for International Students

An index commissioned by the Bank of Communications (BoCom), one of the largest banks in China, places Montreal, Canada as the best city in the world for international students. Other Canadian cities that ranked well include Toronto (4th) and Vancouver … Continue reading

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Canada Has The Best Reputation In The World According To New Survey

A new study on national reputations, called RepTrak, finds Canada has the best reputation of any country in the world. It’s the third year in a row that Canada has taken the top stop in the annual survey. RepTrak, which … Continue reading

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Ontario Government Objects to New Federal Job Grant Program

The provincial government of Ontario says the diversion of federal funds from existing employment and training programs to the new Canada Job Grant program would threaten vulnerable workers including youth and new immigrants. The Canada Job Grant program will spend … Continue reading

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48% of Canadian Millionaires From Immigrant Families

A new survey by BMO Harris Private Banking finds that nearly half of Canadian millionaires are either immigrants or have at least one parents born outside of the country. The findings suggest a high degree of entrepreneurialism among the Canadian … Continue reading

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Vancouver Sun: Immigration Costs Canada $20 Billion a Year

In a special┬áto the Vancouver Sun on Tuesday, a Simon Fraser University professor of economics, Herbert Grubel, argues that immigration costs Canadians up to $20 billion a year when all the costs and benefits are tallied. Grubel, who is also … Continue reading

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Canadian Construction Industry Recovering

New data shows the value of building permits issued in Canada increasing for a fourth consecutive month, signalling a recovery in the country’s construction sector after a decline in late 2012. A Statistics Canada report released this week shows that … Continue reading

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Canada’s Oil Production to Double By 2030 Thanks to Oil Sands -Report

A new report by Canada’s largest association of petroleum companies projects that the country’s oil production will double to 6.7 million barrels per day (bpd) by 2030 as a result of increased production in Northern Alberta’s oil sands region. The … Continue reading

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