• User Number Password
  • Cashless Payment Methods Popular Across Canada

    There is a famous saying that “cash is king” and while this concept is likely to be true for many years to come, an increasing number of Canadian consumers are using “cashless” high-tech payment methods. Whether paying bills or making everyday purchases of coffee, food, clothing or gasoline - using debit cards, credit cards, “tap-and-pay” options, smartphone apps, and other cashless technology is growing in popularity across Canada. According to a recent survey of 1,000 people conducted online in 2015 by the Moneris payment processing firm, 65% of respondents revealed that they hardly ever use cash to make purchases, plus 77% of those surveyed stated that they prefer to use their debit/credit cards to pay bills or make purchases.

     

    In 2015, approximately 68% of people who live in Canada own smartphones, which is a significant increase over the 55% of Canadians who had smartphones in 2014, according to surveys conducted of 1,100 people across Canada in 2014 and again in 2015 by Catalyst and GroupM Next. In fact, around three-million people who live in Canada (which has a total population of 35 million) bought their first smartphone during the final six months of 2014. The “smartphone revolution” has not only changed how Canadians “surf” the Internet, read or watch the news, check their emails and stay in touch with family and friends via social media - the increasing prevalence of smartphones has also altered how people who live in Canada conduct their banking and pay for many common purchases, such as meals, movie tickets, and more. Most banks in Canada and many Canadian companies offer customers smartphone apps that allow them to shop or make payments online, as well as complete in-person purchases, that many consumers consider quick and convenient.

     

    At the end of 2013, Canada was ranked #3 in the world for use of cashless payment methods (following #1 Belgium and #2 France), according to the “Cashless Journey Report” released by MasterCard. The Bank of Canada further revealed in May 2015 that the majority of all financial transactions made in Canada are now done using cashless methods. So, while “cash is king” around the globe (at least, for the time being), in Canada cash is “going the way of the dinosaurs” and may one day remain simply as something that Canadians collect as a hobby.

     

     

    Expat City Ranking 2019 Rates Montreal #5 in the World

    Montreal has been named the 5th best city in the world for expats to live abroad, according to the InterNations Expat City Ranking 2019 which was released in December 2019. The largest city in the Canadian province of Quebec was also rated as the #1 city for expats to live in

    Survey Finds Most People Living in Canada Are Happy

    A recent survey of almost 2,500 Canadian adults, which was commissioned by The Globe and Mail and conducted by the Gandalf Group, has found that 67% of the people living in Canada are “very happy” and 68% report being “very satisfied” with their lives. The national survey examined the overall happiness

    OECD Report Praises Canadian Immigration System

    In August 2019, the Organization for Economic Cooperation and Development (OECD) released a “very favorable” report that praises the Canadian immigration system as one of the world’s most successful and an example for other countries. In particular, the OECD report says that Canada is very effective at recruiting skilled foreign

    Report Says There Are 506,000 Unfilled Jobs in Canada

    According to the Job Vacancy and Wage Survey released by Statistics Canada in June 2019, there were 506,000 Canadian job openings during the first quarter of 2019. This was 44,000 more Canadian job vacancies (an increase of 9.6 percent) compared with the number of open jobs in Canada during the first

    Canada Day Was Extra Special for These Immigrants

    Canada Day celebrations were held across the country on July 1, 2019, to mark 152 years since the Constitution Act of 1867 officially united Ontario, Quebec, New Brunswick and Nova Scotia into a new federation within the British Empire known then as the Dominion of Canada. People living in Canada

    Immigrants Honored for Their Achievements in Canada

    In June 2019, the Royal Bank of Canada (RBC) announced the winners of its 2019 Top 25 Canadian Immigrant Awards. This was the 11th annual recognition of 25 remarkable immigrants who have made significant accomplishments or contributions to society after relocating to Canada. Immigrants were nominated by Canadians from across the

    Top Canadian Job Opportunities in 2019

    Whether you are currently living in Canada and planning your career path, or an immigrant searching for employment opportunities, the 2019 ranking of the 100 top jobs in Canada is worth checking out. This informative career rating guide was published in May 2019 on the Canadian Business website and it

    Canadian Jobs Report Reveals Big Boost in Employment

    The April 2019 Canadian jobs report revealed that hiring hit a historic high with the addition of 106,500 new jobs in Canada - the biggest monthly boost in Canadian employment ever recorded!  Data released by Statistics Canada (StatCan) on May 10, 2019, also showed that 73,000 of the 106,500 Canadian jobs filled during

    For All Posts
  •