👉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 average hourly wage has reached $34.95 as the economy added 90,400 jobs in April, five times more than forecasted. Despite predictions, the unemployment rate remained at 6.1%. The unexpected job surge, largest since January 2023, was primarily in the services-producing industries. The Bank of Canada (BoC) may reconsider a rate cut, as money markets now anticipate a cut in September, down from previous forecasts. The Canadian dollar strengthened against the U.S. dollar. Average hourly wage growth for permanent employees slowed to 4.8%, the slowest since June, indicating the economy aligning with BoC projections.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #CanadaEconomy #JobsReport #UnemploymentRate #BankofCanada #WageGrowth #Inflation #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada Post implemented a price hike on Monday, increasing the cost of sending letters across Canada. Stamps purchased in bulk now cost 99 cents each, up by seven cents, while the price of a single domestic stamp rose to $1.15 from $1.07. The postal service's decision to raise prices follows a reported loss for 2023, with warnings of unsustainable losses in the future. Factors contributing to the loss include heightened parcel delivery competition post-pandemic, declining transaction mail, and rising delivery costs due to increased addresses.✅ . 𝐁𝐞𝐬𝐭 𝐈𝐧𝐝𝐢𝐚-𝐂𝐚𝐧𝐚𝐝𝐚 𝐟𝐥𝐢𝐠𝐡𝐭 𝐝𝐞𝐚𝐥𝐬 𝐚𝐰𝐚𝐢𝐭! 𝐑𝐚𝐡𝐦𝐚𝐧 𝐓𝐫𝐚𝐯𝐞𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 (𝟔𝟒𝟕) 𝟖𝟖𝟗-𝟐𝟕𝟕𝟔, 𝟗𝟎𝟓-𝟒𝟏𝟐-𝟐𝟕𝟖𝟕 𝐬𝐚𝐥𝐞𝐬@𝐫𝐚𝐡𝐦𝐚𝐧𝐭𝐫𝐚𝐯𝐞𝐥𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬.𝐜𝐨𝐦 @rahmantravelservices . . #CanadaPost #StampPriceHike #MailingCosts #PostalService #PriceIncrease #MailDelivery #CanadaEconomy #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Deloitte Canada predicts Canada will likely sidestep a recession despite ongoing economic challenges such as inflation and rising mortgage delinquencies. The economy is expected to remain stagnant in the first half of 2024 but recover in the latter half. Bank of Canada's interest rate cuts are anticipated to combat inflation. GDP growth is projected at one percent in 2024, rising to 2.9 percent in 2025. However, business investment faces a decline due to high interest rates eroding confidence. While the U.S. economy is stronger, it's also set for rate cuts later in the year.✅ . . 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐋𝐚𝐰 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐋𝐚𝐰 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐋𝐚𝐰 𝐒𝐢𝐦𝐦𝐢 𝐂𝐡𝐚𝐜𝐤𝐨 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐋𝐚𝐰𝐲𝐞𝐫, 𝐂𝐡𝐚𝐜𝐤𝐨 𝐋𝐚𝐰 📲+𝟏 𝟒𝟏𝟔-𝟓𝟎𝟗-𝟗𝟓𝟎𝟖 📧𝐬𝐢𝐦𝐦𝐢@𝐜𝐡𝐚𝐜𝐤𝐨𝐥𝐚𝐰.𝐜𝐚 @chackolaw.ca . . #CanadaEconomy #EconomicOutlook #RecessionAvoidance #GDPGrowth #InterestRates #Inflation #BankOfCanada #DeloitteCanada #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada is set to increase the federal minimum wage to $17.30 per hour on April 1, 2024, according to Employment and Social Development Canada. This follows last year's raise from $15.55 to $16.65. The adjustment aligns with a 3.9% rise in the Consumer Price Index for 2023, marking the largest annual increase since 1991. Provinces like New Brunswick, Yukon, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island are also raising minimum wages. Federally regulated private sectors, including banks and transportation, are subject to the federal minimum, with some provinces having higher rates.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #MinimumWageHike #CanadaEconomy #WageIncrease #April1st #LaborMarketUpdates #ConsumerPriceIndex #FairWages #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The Government of Canada is investing over $52 million in a new affordable rental housing project in North Vancouver. The project, called Trails Phase 2B, will provide 104 new homes for middle-income Canadians. The low-rise apartment building is located close to transit and community amenities, and each unit has in-suite laundry. The project was completed in November 2022 and is already fully leased.✅ . . #GovernmentFunding #PublicFunds #BudgetAllocation #FinanceNews #EconomicUpdate #CanadaEconomy #Vancouver #mnm #malayalisnearmeapp #canadaupdate #canadanews

Interest Rate Alert! Bank of Canada Holds the Line at 5% 📈 In a defining moment for the Canadian economy, the Bank of Canada stands firm with a steady 5% policy rate. A pivotal move for our financial future. Share your insights in the comments follow me to get the latest updates on The Canadian Real Estate Market Kingsly Stanly Sales Representative 📞 +1 (647) 761 9471 📧 kingsly@thecanadianhome.com Download The Canadian Home App to see the property! https://ln.thecanadianhome.com/kingslystanly #EconomicLandscape #BankofCanadaUpdate #PolicyRateWatch #FinancialFuture #EconomicInsights #SteadyCourse #RealtorPerspective #CanadaEconomy #MoneyMatters #EconomicResilience #RealEstateEconomy #MarketWatch #RealtorViews #EconomicNews #CanadaFinances

Interest Rate Alert! Bank of Canada Holds the Line at 5% 📈 In a defining moment for the Canadian economy, the Bank of Canada stands firm with a steady 5% policy rate. A pivotal move for our financial future. Share your insights in the comments follow me to get the latest updates on The Canadian Real Estate Market Kingsly Stanly Sales Representative 📞 +1 (647) 761 9471 📧 kingsly@thecanadianhome.com Download The Canadian Home App to see the property! https://ln.thecanadianhome.com/kingslystanly #EconomicLandscape #BankofCanadaUpdate #PolicyRateWatch #FinancialFuture #EconomicInsights #SteadyCourse #RealtorPerspective #CanadaEconomy #MoneyMatters #EconomicResilience #RealEstateEconomy #MarketWatch #RealtorViews #EconomicNews #CanadaFinances

👉In the latest report from Statistics Canada, it has been revealed that the Canadian economy experienced a notable increase in job creation, with 64,000 new positions added last month. This development is occurring against the backdrop of the country's robust population growth. Despite various economic fluctuations over the past year due to factors like rising interest rates, the unemployment rate has managed to hold steady at a respectable 5.5%. Interestingly, the job gains observed in the recent report were primarily in the realm of part-time employment. Additionally, there was an upswing in the number of individuals working in educational services, transportation, and warehousing sectors. However, not all sectors experienced positive growth, as job losses were reported in areas such as finance, insurance, real estate rental and leasing, construction, as well as information and recreation. This mixed picture reflects the complex dynamics at play in Canada's ever-evolving labour market.✅ . . #CanadaEconomy #CanadaJobs #CanadaUnemployment #CanadaEmployment #CanadaLaborMarket #EconomicUpdate #CanadaJobMarketTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews