Whether you’re just looking into which countries you might want to immigrate to or have your heart set on moving to Canada, you have questions about what’s involved in the process of getting settled.
What are the immigration requirements? What are the best cities to live in? How much will it cost to live in certain popular cities or provinces?
At Scotiabank, we know what it’s like to ask those questions – many of our employees are new to Canada themselves. People like Ivy Li, a Scotia advisor, who moved from China to go to the University of Toronto and remembers being shy and struggling with the language when she first moved to Canada.
It was a busy week full of important economic readings, corporate news and earnings releases.
In the U.S., inflation numbers released Tuesday showed the Consumer Price Index jumping sharply from 1.7 per cent YoY in February to 2.6 per cent YoY in March. Price pressures have been front and centre as a rise in inflation maybe a troubling side effect of an expected surge in economic growth. Even with the yoy increase, many observers – including the Fed – believe a long-lasting rise in inflation remains theoretical and any spikes transitory as stimulus measures wane in the coming months.
Retail sales similarly surged in March, up 9.8 per cent, on the backs of stimulus money, vaccinations and business re-openings. There was also good news on the jobs front as fewer people applied for first-time unemployment benefits in the week ended April 10, a decrease from the prior week. Also in the U.S., Q1 earnings season got underway this week with many of America’s blue-chip companies al
Canadian banks shrink workforce to cover big tech investments today.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from today.ng Daily Mail and Mail on Sunday newspapers.
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TORONTO (Reuters) - Canada’s top banks are shedding workers for the second straight year, moving toward leaner operations to satisfy investors demanding returns on tens of billions of dollars that lenders have poured into new technologies.
FILE PHOTO: A combination photo shows Canadian investment banks RBC, CIBC, BMO, TD and Scotiabank in Toronto, Ontario, Canada on March 16, 2017. REUTERS/Chris Helgren/File Photo
Five of Canada’s six biggest banks cut their workforces 4.4% from a year earlier to a combined total of 291,409 full-time equivalent employees as of Jan. 31. That is down 5.2% from a peak in the third quarter of 2019.
RBC sells assets to Eastern Caribbean banks newsday.co.tt - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.co.tt Daily Mail and Mail on Sunday newspapers.