Universities could suffer a huge income deficit because of the absence of international students - Punjabi
RADIO - Red FM 106.7 The Evening Show - Calgary, 03/06/2020 - COMMENTARY, Punjabi
Summary Translation: Monica Oberoi - RBC has published a report regarding international students and people who complain about international students should listen to this report carefully. RBC has reported that due to the COVID-19 pandemic there is a lot of strain on Canada's international student sector. There is a drop of 45% in the number of international student permits issued in the month of March 2020 as compared to the number of permits issued in March 2019. What will be the immediate impact of this? The impact of this will be evident in many areas. Higher education institutes will not receive their yearly income of $6 billion. Its ripple effect will be on Canada's GDP as well. The total spending of international students in Canada is $22 billion. Canada's economy benefits from international students even after they finish their degree - 11,000 new permanent residents every year were former students. Immigration is at a standstill and the labour force without immigration is dropping. It will be very difficult for Canada to sustain its economy without introducing new workers.
Image: Producer and host Monica Oberoi, Red FM 106.7 Facebook page
Blacks, Latin Americans and South Asian Canadians are most at risk of losing their jobs and incomes due to the COVID-19 pandemic - Bengali
PRINT - Probashi Kantho - Toronto, 23/05/2020 - NEWS, Bengali
Image Source: Probashi Kantho website (photo: CBC)
Summary Translation: No byline - A national-level survey of Canadian studies was released last Monday. The study is based on people's ability to pay rent, pay other bills and help their families financially. The survey was conducted among 3,700 people between March 26 and April 5. Among the six ethnic groups, the most economically vulnerable Canadians are South Asians. Then there are blacks, Arabs and Chinese. Caucasians will have the least problems. About 45 per cent of South Asians, blacks and Latin Americans say they will have trouble paying rent and mortgage instalments. In comparison, 20 per cent of whites will have such a crisis. Seventy per cent of blacks, Latin Americans, Arabs, and South Asians say it is now difficult to provide financial support for their family members. In comparison, 40 per cent of Chinese and Caucasians say they are in crisis.
WEB - Wiadomosci - Toronto, 16/05/2020 - NEWS, Polish
Image Source: Wiadomosci website
Summary Translation: No byline - Air Canada will lay off more than half of its 38,000 employees next month as it grapples with the fallout from the COVID-19 pandemic. Air Canada, the country's largest airline, has - along with its competitors - seen demand for air travel evaporate amid ongoing border shutdowns and confinement measures, prompting the airline to ground some 225 airplanes and slash flight capacity by 95 per cent. Although air travel is expected to pick up somewhat before year's end, Air Canada CEO Calin Rovinescu said recovery will be slow, with at least three years of subpar earnings.
RADIO - CJMR 1320 AM Radio 7 Zycie - Mississauga, 13/05/2020 - NEWS, Polish
Image Source: Radio Zycie Face Book profile
Summary Translation: Tomasz Piwowarek - National Bank is offering cash grants to 23 tennis players from the country who are facing financial issues because of the coronavirus pandemic. National Bank will give $10,000 to $20,000 to 23 tennis players. All sanctioned tennis events have been called off since March because of the COVID-19 outbreak, and all tennis events in Canada are called off until the end of August, except for the Rogers Cup men’s tournament in Toronto.