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Ottawa Public Servants Brace for Major Job Cut Announcements in the New Year

  Federal Workers Await January Notices as Ottawa Prepares Job Cuts Federal public servants across Canada are bracing for a wave of job‑cut announcements expected to begin in January, as departments prepare to roll out the government’s latest cost‑cutting measures. Several federal organizations have already warned employees that details about workforce reductions will be shared early in the new year. The cuts stem from a government‑wide plan to reduce spending, streamline operations, and bring the public service back to what officials describe as a more sustainable size. Departments are expected to use a mix of attrition, restructuring, and workforce adjustments to meet their targets. Early notices have already begun circulating in some organizations, with more formal announcements anticipated once employees return from the holiday break. Unions representing federal workers say they are preparing for a period of uncertainty as the scope of the reductions becomes clearer. With ...
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Canada’s inflation rate rises in July, but food prices remain stable




According to the latest update from Statistics Canada, the country’s inflation rate accelerated in July 2023. The Consumer Price Index (CPI) rose 3.7% on a year-over-year basis in July, up from a 3.1% increase in June. The increase was mainly due to higher prices for shelter and transportation. However, food prices eased in July, with the food index rising 2.5% year over year compared with a 2.7% increase in June.

Inflation is an important economic indicator that measures the rate at which the general level of prices for goods and services is rising and, subsequently, purchasing power is falling. The rise in inflation can be attributed to various factors such as supply chain disruptions, higher demand for goods and services, and other economic factors. The easing of food prices in July is a positive sign for consumers as it means that they will have to spend less on food items than they did in June.



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