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Canadian Immigration Economy

Canadian Seafood Industry Eagerly Tests China's E-commerce Market
The 2nd Canada Seafood Festival officially opened in Qingdao on the evening of November 3rd, featuring dozens of Canadian seafood companies and industry associations. David Murphy, Commercial Minister at the Embassy of Canada to China, noted that since China became Canada's second-largest destination for seafood exports in 2014, many Canadian seafood companies have increasingly prioritized and entered the Chinese market, with a particular focus on collaborations in e-commerce.

Bank of Canada Maintains Interest Rate
The central bank of Canada, the Bank of Canada, announced on the 21st that it would keep the benchmark interest rate unchanged at 0.5% and lowered its economic growth forecast for the future.

Apple Pay to Launch in the Canadian Market
Last year, Apple Inc. launched the NFC-based mobile payment system Apple Pay in the U.S. market with great ambition, and a year later, Apple Pay has gradually gained popularity. Reports have indicated that Apple Inc. may launch Apple Pay in the Canadian market this November.



