Craig Wong

1 month ago | collingwoodtoday.ca | Craig Wong

OTTAWA — The economy shed 33,000 jobs in March, the biggest loss since January 2022, while the unemployment rate ticked higher, Statistics Canada said Friday. The agency said the unemployment rate for March rose to 6.7 per cent compared with 6.6 per cent in February. The hit came amid increased uncertainty caused by U.S. tariffs that have threatened economic growth. The job losses reversed some of the gains made at the end of last year and into January.

Sep 10, 2024 | investmentexecutive.com | Craig Wong

“We need to be effective at the international table to influence how trade is recast and redirected,” Macklem said in prepared remarks. The governor said Canada needs to invest in trade infrastructure and reduce trade barriers as shifting supply chains represent risks as well as opportunities for Canadian business. Canada needs to invest in the electricity grid and transportation infrastructure, while businesses need to invest in new equipment and innovation to remain competitive, he says.

May 31, 2024 | investmentexecutive.com | Craig Wong

Craig Wong, The Canadian Press Canadian economic growth came in slower than expected for the first quarter, strengthening the case for a possible interest rate cut by the Bank of Canada next week. Statistics Canada said Friday the economy grew at an annualized rate of 1.7% in the first three months of the year. It also revised its reading for growth in the fourth quarter of 2023 downward.

Feb 1, 2024 | investmentexecutive.com | Craig Wong

“An RRSP loan is not for everyone,” she said. If an investor has the contribution room and is short on cash, the idea of a larger tax refund than they would otherwise receive if they didn’t take out a loan does sound enticing. But Tran says those considering taking on debt to invest need to look at more than the potential size of a tax refund. An investor’s tax bracket, cash flow and savings priority should also be considered, she says.

Dec 13, 2023 | streetsoftoronto.com | Craig Wong |Julia Mastroianni

Chef Nuit Regular has built a true empire in Toronto. The chef behind many of the Thai restaurants you love in Toronto, when the Michelin Guide launched in Toronto last year, perennial favourite Pai made the recommended list. And this year, the accolades continue — Kiin was named a Michelin-recommended restaurant on the guide’s latest update. Foodies in Toronto know: we’re lucky to have Nuit Regular around. By Craig Wong – chef and owner of PatoisChef Nuit Regular is a fantastic leader.