Economy

The Tax Element of Canada’s Federal Budget 2021

April 21, 2021 04:50 AM AEST| By Team Kalkine Media

Canada’s Federal Budget 2021, tabled by Finance Minister Chrystia Freeland on April 19, had two key aspects – spending and revenue. The former is a much-debated topic, owing to Canada’s high deficits and skyrocketing government debt...

Canada Budget 2021 Analyzed: How Freeland Invoked Keynes?

April 20, 2021 09:52 PM AEST| By Team Kalkine Media

Finance Minister Chrystia Freeland on Monday, April 19, unveiled plans for increased public investment at a time when it is direly needed. Many may be wondering how these investments would translate into a better tomorrow for Canada’s business...

Federal Budget 2021 Paves Way For More Jobs In Canada

April 20, 2021 08:17 PM AEST| By Team Kalkine Media

Summary Finance Minister Chrystia Freeland’s much-awaited Federal Budget 2021 focused majorly on economic regrowth. It aims to bring in rapid economic recovery and increase employment, the finance minister said. The government revealed p.....

New Home Sales on a rise in Australia, more jobs to come up in construction sector

April 20, 2021 06:44 PM AEST| By Team Kalkine Media

Summary As per HIA, the new home sales were a record 39.4% higher in the March 2021 quarter as compared to the previous corresponding time. HomeBuilder scheme coupled with lower interest rates, population shifting to regional spaces, and improv.....

Will Trans-Tasman bubble give a respite to the NZ economy?

April 20, 2021 04:07 PM AEST| By Team Kalkine Media

Summary The AU-NZ travel bubble news came as a respite for many families and tourist operators. Jacinda Ardern had announced that trans-Tasman bubble would begin from 19 April. Travel bubble could give a boost to NZ economy by $1 billion. .....

In New Report, Concerns Raised About New Zealand’s Productivity

April 20, 2021 02:48 PM AEST| By Roma

Summary Concerns about New Zealand productivity after new report. Product Commission Chair advices innovation to New Zealand businesses. Smart work over hard work, need of the hour. Smart work has always fetched better results than hard w.....

RBA Minutes reveal an optimistic stance on economic recovery

April 20, 2021 01:37 PM AEST| By Furquan Moharkan

The Reserve Bank of Australia seems to have struck a bullish note on the economic recovery in the country, as revealed by the minutes of April 6 Monetary Policy Meeting of its Board released today. As per the RBA minutes, Australia is expected to co...

Canada’s 'Feminist' Budget 2021: What's In Store For Women?

April 20, 2021 10:45 AM AEST| By Shreya Biswas

Source: Shutterstock A little over a month ago, while celebrating International Women’s Day, Canada had unveiled an all-female task force that was meant to ensure that the 2021 federal budget remembered women and addressed gender inequality. C...

Snapshot: Canadian Federal Budget 2021 & Its Key Allocations

April 20, 2021 09:25 AM AEST| By Anuj

Source:Saklakova, Shutterstock The Canadian government tabled its expenditure plans on Monday evening to fight against the COVID-19 pandemic and reenergize the economy amid a coronavirus crisis. As projected by some analysts, Liberals’ federal...

Canada Pours C$101.4-billion, Stacks Up Historic Fiscal Deficit

April 20, 2021 07:54 AM AEST| By Ipsita Sarkar

Source:vintagetone, Shutterstock With snap polls in mind, the federal government’s first budget in two years poured another C$101.4-billion pandemic stimulus to chart out an economic course for pandemic-hit Canada. The fiscal deficit for 2020-...

Canada Budget 2021: The ‘Record Debt’ COVID-19 Recovery May Bring On

April 20, 2021 02:16 AM AEST| By Shreya Biswas

Source: Phongphan, Shutterstock Set with an eye on post-pandemic recovery and a possible election, Prime Minister Justin Trudeau’s upcoming 2021 federal budget is set to go big on spending. The Trudeau government is expected to inject a...

Bank of England Institutes CBDC Taskforce: 10 Things You Should Know

April 20, 2021 12:38 AM AEST| By Abhijeet

Jon Cunliffe, Deputy Governor for Financial Stability, will be co-chairing the CBDC Taskforce Following the growing usage, trade and exchange of cryptocurrencies and several other digitally-formulated units of exchange, the central banks around...

COVID-19 Budget 2021: Economic Recovery & Pandemic Support On Cards

April 20, 2021 12:30 AM AEST| By Team Kalkine Media

Source: Andrii Vodolazhskyi, Shutterstock Summary Finance Minister Chrystia Freeland had last year indicated that the government will do its best to support Canadians. Ever since the outbreak of the pandemic, more than 3 million people lost th...

3 Taxes Likely To Be A Part of Canadian Federal Budget 2021

April 19, 2021 09:39 PM AEST| By Team Kalkine Media

© Kalkine Image 2021 Finance Minister Chrystia Freeland pledged up to C$100 billion stimulus in the Fall Economic Statement 2020. The figure will be injected over the next three years. The big question is, how will the federal government accumu...

Why Canada’s 2021 Federal Budget Is So Important

April 18, 2021 05:53 PM AEST| By Shreya Biswas

Source: wutzkohphoto, Shutterstock Canada is set to table its 2021 federal budget on Monday, April 19, in the midst of a third wave of COVID-19. While a pandemic-focused stimulus package is widely expected from this budget, green initiatives and job...

Record properties sold in March, S&P expects NZ house prices to drop

April 17, 2021 06:00 AM AEST| By Team Kalkine Media

Source: 89stocker, Shutterstock Summary The highest number of properties were sold in March. The NZ government announced many measures to fix housing crisis. S&P Global expects the NZ house prices to fall. Latest REINZ statistics for...

Why legalising betting is good for any country?

April 17, 2021 05:10 AM AEST| By Furquan Moharkan

Source: Wpadington, Shutterstock Late in 2017, I was having dinner with a senior official from one of the multinational organisations. The official was from Netherlands and we were discussing everything under the sun. Suddenly I popped up a questio...