👉The Bank of Canada has expressed doubts about the government's timeline to limit non-permanent residents. The central bank forecasts 850,000 more temporary residents by 2027 than previously expected and has raised its population growth estimates. The number of people over 15 in Canada is predicted to increase by 3.3% this year, up from 3%, contributing to economic output and preventing a recession. Population growth is expected to decelerate slower than anticipated, reaching 1.7% in 2025 and 2026, due to delays in implementing policies to cap non-permanent residents at the government's 5% target.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #ImmigrationPolicy #BankOfCanada #PopulationGrowth #TrudeauPledge #TemporaryResidents #EconomicForecast #CanadaEconomy #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Paraphrased Content: The Bank of Canada has decided to keep its key interest rate steady at 5%, marking the third consecutive decision, citing indications that the economy is no longer in excess demand. The statement suggests a cautious approach, with concerns about inflation risks, though without explicit mention of an increase. Higher rates are acknowledged for their impact on spending and a gradual easing in the labor market.✅ . . #BoC #InterestRates #EconomicUpdate #InflationConcerns #MonetaryPolicy #CanadaEconomy #BankOfCanada #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Diane Lebouthillier, minister of national revenue, and Ahmed Hussen, minister of housing and diversity and inclusion, say applications are now available. Lower-income renters can obtain a $500 one-time payment. Eligible candidates can request a one-time Canada Housing Benefit top-up through their CRA My Account. The one-time top-up to the Canada Housing Benefit is one way the Canadian government is striving to make life more affordable. Read the article to know about eligibility criteria and more.✅ . . #canadahousingbenefit #housingbenefit #housingbenefitcanada #canadahousingbenefits #housingbenefitscanada #canadaeconomy #canadalivingstandards #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The minimum wage in Ontario is set to increase to $15.50 per hour from October 1, 2022. The student minimum wage will also go up to $14.60 per hour from $14.10. The current general minimum wage in Ontario is $15 per hour. The Ontario general minimum wage applies to bartenders and alcohol servers as well. The special minimum wages for homeworkers and hunting, fishing and wilderness guides will also increase on October 1, 2022.✅ . . #Canadaeconomy #minimumwages #ontariominimumwages #minimumwagesofontario #minimumpay #cashjob #studentsminimumpay #Canadanews #studentsminimumwages #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉𝗧𝗵𝗲 𝗖𝗮𝗻𝗮𝗱𝗶𝗮𝗻 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝘀𝘂𝗿𝗴𝗲𝗱 𝗮𝗵𝗲𝗮𝗱 𝗶𝗻 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝗮𝘀 𝗽𝗮𝗻𝗱𝗲𝗺𝗶𝗰-𝗿𝗲𝗹𝗮𝘁𝗲𝗱 𝗿𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗶𝗼𝗻𝘀 𝗲𝗮𝘀𝗲𝗱, 𝗳𝘂𝗲𝗹𝗹𝗶𝗻𝗴 𝗲𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻𝘀 𝗯𝘆 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝘀𝘁𝘀 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲 𝗕𝗮𝗻𝗸 𝗼𝗳 𝗖𝗮𝗻𝗮𝗱𝗮 𝘄𝗶𝗹𝗹 𝗼𝗽𝘁 𝗳𝗼𝗿 𝗮𝗻𝗼𝘁𝗵𝗲𝗿 𝗼𝘃𝗲𝗿𝘀𝗶𝘇𝗲𝗱 𝗿𝗮𝘁𝗲 𝗵𝗶𝗸𝗲 𝗶𝗻 𝗝𝘂𝗻𝗲. Statistics Canada said Friday real gross domestic product rose 1.1 per cent in February to post its largest monthly gain since March 2021.✅ . . 𝑷𝒍𝒂𝒚 𝒔𝒕𝒐𝒓𝒆: https://play.google.com/store/apps/details?id=com.malayalis.nearme&hl=en_IN&gl=US 𝑨𝒑𝒑 𝒔𝒕𝒐𝒓𝒆: https://apps.apple.com/ca/app/malayalis-near-me/id1578817415 . . #canadianeconomy #GDP #bankofcanada #canadaeconomy #ontario #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp

👉Canada's inflation rate cooled to 2% in August, the lowest since February 2021, as reported by Statistics Canada. Monthly consumer prices fell by 0.2%, driven by decreases in gasoline, telephone services, and clothing prices. However, shelter costs, including rent, rose by 8.9%. The Canadian dollar weakened slightly following the news. The Bank of Canada, having reduced its key rate by 75 basis points since June, is expected to continue rate cuts. Analysts predict further drops in inflation to 2.4% next year, aiming for the central bank's target range of 1-3% by 2026.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #CanadaEconomy #InflationUpdate #CPIReport #BankOfCanada #GasPrices #RentCosts #InterestRates #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The Bank of Canada has implemented its third consecutive interest rate cut, reducing the key rate from 4.5% to 4.25%. This decision, anticipated by forecasters, comes as inflation continues to slow, prompting the central bank to ease its monetary policy. High interest rates earlier this year contributed to reducing inflation to 2.5% in July. Despite stronger-than-expected economic growth in the second quarter, with a 2.1% annualized increase, real GDP per capita shrank for the fifth consecutive quarter. Governor Tiff Macklem has indicated that further rate cuts are possible if inflation continues to decline.✅ . 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐞- 𝐀𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐩𝐥𝐚𝐜𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮! 𝐉𝐨𝐦 𝐌𝐚𝐭𝐭𝐚𝐦 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 +𝟏 𝟔𝟒𝟕 𝟗𝟐𝟎 𝟔𝟓𝟑𝟎 𝐣𝐨𝐦.𝐦𝐚𝐭𝐭𝐚𝐦@𝐜𝐢𝐛𝐜.𝐜𝐨𝐦 @jom_mattam . . #InterestRates #BankOfCanada #Inflation #EconomicUpdate #RateCut #CanadaEconomy #GDP #mnm #malayalisnearmeapp #canadaupdate #canadanews

✅The Alberta Advantage Immigration Program (AAIP) is now accepting open work permits issued by Immigration, Refugees, and Citizenship Canada (IRCC) for those impacted by the province's wildfires. This measure, effective from July 19 to November 30, 2024, aids workers unable to stay with their current employers due to the wildfires. These permits are valid in the Alberta Opportunity and Tourism and Hospitality Streams, which usually require specific work permits. While other streams like Rural Renewal and Express Entry do not require work permits, all other criteria must still be met. Alberta continues to prioritize supporting wildfire victims through these temporary measures. . Source: www.immigration.ca . . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #CanadaEconomy #Inflation #InterestRates #BankOfCanada #EconomicGrowth #FinanceNews #CanadianEconomy #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada's inflation rate dropped to 2.5% in July, the lowest in 40 months, aligning with predictions and easing core inflation metrics. This decline strengthens expectations that the Bank of Canada will continue cutting interest rates, with another 25 basis point reduction anticipated on September 4. Analysts foresee up to three more cuts by year-end, potentially lowering the benchmark rate to 3.75%. The central bank has already reduced rates twice, shifting focus from solely curbing inflation to also stimulating economic growth. This marks the closest inflation has come to the Bank's 2% target since March 2021.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #CanadaEconomy #Inflation #InterestRates #BankOfCanada #EconomicGrowth #FinanceNews #CanadianEconomy #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada's economy grew at an annualized rate of 2.2% in the second quarter, outpacing the Bank of Canada's 1.5% forecast and marking an increase from 1.7% in the first quarter. This gth, driven by manufacturing and the expanded Trans Mountain pipeline, contrasts with weak household spending and retail trade. Despite strong quarterly gth, GDP per capita is expected to decline, with consumption remaining weak due to high interest rates. The Bank of Canada, which recently cut rates, will set new rates in September, amid ongoing debates on further cuts.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #CanadaEconomy #GDPGth #EconomicUpdate #BankOfCanada #Q2Gth #CanadianEconomy #EconomicForecast #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The Bank of Canada (BoC) cut its policy rate by 25 bps to 4.50% and downgraded its 2024 growth forecast to 1.2%, citing reduced consumption in motor vehicles and foreign travel. Governor Tiff Macklem highlighted the shift in household spending towards debt payments. The BoC expects overall inflation to dip below core inflation in H2 2024, with stabilization at 2% in H2 2025. Despite the rate cut, monetary policy remains restrictive. The economy grew by an annualized 1.7% in Q1 2024, falling short of the previous 2.8% projection.✅ . 𝐄𝐱𝐩𝐞𝐫𝐭 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐞- 𝐀𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐚𝐧𝐝 𝐩𝐥𝐚𝐜𝐞 𝐜𝐨𝐧𝐯𝐞𝐧𝐢𝐞𝐧𝐭 𝐟𝐨𝐫 𝐲𝐨𝐮! 𝐉𝐨𝐦 𝐌𝐚𝐭𝐭𝐚𝐦 𝐌𝐨𝐛𝐢𝐥𝐞 𝐌𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐀𝐝𝐯𝐢𝐬𝐨𝐫 +𝟏 𝟔𝟒𝟕 𝟗𝟐𝟎 𝟔𝟓𝟑𝟎 𝐣𝐨𝐦.𝐦𝐚𝐭𝐭𝐚𝐦@𝐜𝐢𝐛𝐜.𝐜𝐨𝐦 @jom_mattam . . #BoC #InterestRates #Economy #Inflation #MonetaryPolicy #CanadaEconomy #TiffMacklem #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Inflation in Canada slowed to 2.7% in June, down from 2.9% in May, largely due to a 3.1% drop in gasoline prices, according to Statistics Canada. Despite this overall decline, grocery prices are rising again, signaling renewed pressure at the checkout. Travel tour prices fell by 11.1% monthly, and cellular service costs dropped by 12.8% annually. Durable goods, such as passenger vehicles and furniture, saw price decreases due to improved inventory and eased supply chains. Higher interest rates are also curbing consumer spending, contributing to the price drops.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #Inflation #CanadaEconomy #GroceryPrices #GasPrices #ConsumerSpending #CPI #EconomyUpdate #mnm #malayalisnearmeapp #canadaupdate #canadanews