👉The Pound Canadian Dollar (GBP/CAD) exchange rate is struggling to find support. The Pound (GBP) is on the back foot this morning as UK inflation figures printed hotter-than-expected. Headline inflation caused particular concern as it hit a 40-year high. Inflation was expected to rise from 9.9% to 10% but instead climbed to 10.1%. Core inflation, which strips out volatile commodities like food and petrol prices climbed to 6.5% versus the 6.4% forecast.✅ . . #CAD #CanadianDollar #GBP #GreatBritishPound #BritishPound #Pound #canadainflation #ForeignExchange #CADrate2 #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Google initially planned to remove links to Canadian news publications in response to Bill C-18, which imposed a "link tax" requiring payment for displaying such links. However, an update on 11/29 reveals that Google and Canada reached a $100 million CAD deal. This agreement allows Google to make annual payments to Canadian news companies, avoiding link removal. Google asserts this resolves core concerns. The company emphasizes its support for journalism in Canada through programs like News Showcase, unaffected SOS alerts, and commitment to safety information in Search. Canadian Dollar Retreats Against USD Amid Trade Data On Wednesday, the Canadian Dollar (CAD) displayed mixed performance against major currencies, particularly the US Dollar (USD). Despite initially gaining about a third of a percent against the USD, the CAD later retreated. Canada's third-quarter trade balance showed improvement but fell short of expectations, with the Canadian Current Account declining by CAD $-3.22 billion. The USD/CAD pair is experiencing a slight pullback from Wednesday's lows, nearing 1.3550, with technical indicators suggesting potential stabilization as the Canadian Dollar faces oversold conditions.✅ . . #GoogleNews #CanadaDeal #BillC18 #LinkTax #MediaAgreement #CanadianDollar #NewsShowcase #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada might be going through a few difficult days ahead in terms of economical crisis but even if not the government expects the economy to tip into recession will be reflected in the feds’ upcoming fall forecast, said Chrystia Freeland. During her speech in Windsor, Ont., on Wednesday afternoon, the finance minister and deputy prime minister told reporters that Ottawa will share with “some precision” its projections for the economy in its fall economic statement. The minister did not specify when the statement will be released, but said Ottawa will be sharing a date for it in the “days to come.”✅ . . #Canadacrisis #economiccrisis #canadaeconomy #CanadianDollar #Canadainflation #canadajobmarket #canadianinflationrate #candianeconomy #Canadanews #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The Canadian dollar fell to as little as 75.15 (₹60.5) cents the US at one point on Friday. This has been the lowest since October 2020. CAD was off by about half a cent from Thursday's close, just the latest down day in a stretch of them for Canada's currency. ✅ . . #Canadiandollar #CAD #CADtoINR #Indianrupee #USD #currencyrate #rateofCAD #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada being a former British Colony has King Charles as the new head of state after Queen Elizabeth II passed away but her face will continue to appear on the Canadian Currency for many years to come.✅ . . #CAD #ElizabethII #QueenElizabeth #QueenElizabethII #CanadianDollar #Buckinghampalace #dailynewscanada #candadianmallu #mnm #malayalisnearmeapp #canadaupdate #canadanews