👉Starting Monday, Quebec residents face the annual electricity rate hike, capped at three percent. Hydro-Quebec states that for various dwelling sizes, monthly bills will rise by $2.35 to $7.17. This adjustment, mandated by Bill 2 passed in February 2023, limits rate indexation. Meanwhile, business rates see a 5.1% increase, except for large-power industrial rates, up by 3.3%. The hike aligns with changes in the Quebec Consumer Price Index from September 30, 2022, to September 30, 2023, as announced by the utility company.✅ . 𝐁𝐞𝐬𝐭 𝐈𝐧𝐝𝐢𝐚-𝐂𝐚𝐧𝐚𝐝𝐚 𝐟𝐥𝐢𝐠𝐡𝐭 𝐝𝐞𝐚𝐥𝐬 𝐚𝐰𝐚𝐢𝐭! 𝐑𝐚𝐡𝐦𝐚𝐧 𝐓𝐫𝐚𝐯𝐞𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 (𝟔𝟒𝟕) 𝟖𝟖𝟗-𝟐𝟕𝟕𝟔, 𝟗𝟎𝟓-𝟒𝟏𝟐-𝟐𝟕𝟖𝟕 𝐬𝐚𝐥𝐞𝐬@𝐫𝐚𝐡𝐦𝐚𝐧𝐭𝐫𝐚𝐯𝐞𝐥𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬.𝐜𝐨𝐦 @rahmantravelservices . . #QuebecElectricity #RateHike #HydroQuebec #AnnualIncrease #Bill2 #ConsumerPriceIndex #ResidentialRates #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Alberta witnessed the highest inflation rate among Canadian provinces in February, with a notable increase driven by a rise in natural gas prices. Statistics Canada reported a 4.2% Consumer Price Index for the province. Calgary experienced the highest price growth among major cities at 5.1%, followed by Edmonton at 4.2%. Quebec had the next-highest provincial inflation rate at 3.3%, while Manitoba saw the smallest increase at 0.9%. Nationally, the average inflation rate was 2.8%, with declines noted in categories such as wireless services (-26.5%) and internet rates (-13.2%). Grocery costs rose by 2.4%, marking a slower increase compared to overall inflation rates since October 2021.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #InflationRate #AlbertaEconomy #CalgaryGrowth #StatisticsCanada #ConsumerPriceIndex #GroceryPrices #EconomicTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Statistics Canada reveals a decline in telecommunication costs contributing to a drop in the national inflation rate last month. Consumers experienced a significant reduction in cellphone plan prices, with a 26.5% decrease compared to the previous year. This trend follows a 16.4% decline in January. Lower prices for new plans and increased data allowances were cited as driving factors. Additionally, internet access prices saw a notable 13.2% year-over-year decrease and a 9.4% month-over-month drop due to special provider offers. The latest consumer price index report highlights these decreases, showing an overall annual inflation rate of 2.8% in Canada.✅ . 𝐁𝐞𝐬𝐭 𝐈𝐧𝐝𝐢𝐚-𝐂𝐚𝐧𝐚𝐝𝐚 𝐟𝐥𝐢𝐠𝐡𝐭 𝐝𝐞𝐚𝐥𝐬 𝐚𝐰𝐚𝐢𝐭! 𝐑𝐚𝐡𝐦𝐚𝐧 𝐓𝐫𝐚𝐯𝐞𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 (𝟔𝟒𝟕) 𝟖𝟖𝟗-𝟐𝟕𝟕𝟔, 𝟗𝟎𝟓-𝟒𝟏𝟐-𝟐𝟕𝟖𝟕 𝐬𝐚𝐥𝐞𝐬@𝐫𝐚𝐡𝐦𝐚𝐧𝐭𝐫𝐚𝐯𝐞𝐥𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬.𝐜𝐨𝐦 @rahmantravelservices . . #TelecomPrices #InflationRate #StatisticsCanada #CellphonePlans #InternetAccess #ConsumerPriceIndex #HouseOfCommon #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada's annual inflation rate dropped unexpectedly to 2.8% in February, as cellular and internet service prices declined sharply, and grocery price growth slowed. Statistics Canada's consumer price index report reveals a second consecutive month of softened price growth. Economists anticipated a rise above January's 2.9%, partly due to increased gasoline prices. Wireless service prices fell by 26.5%, while internet prices dropped by 13.2% compared to a year ago. Despite slower grocery price growth, food prices still rose by 2.4%. Housing costs contributed to inflation, with mortgage interest up 26.3% and rent up 8.2% annually. The Bank of Canada sees this report as positive evidence but awaits sustained inflation at the 2% target before considering interest rate cuts, expected to begin in June.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #InflationRate #EconomicNews #StatisticsCanada #ConsumerPriceIndex #BankofCanada #InterestRates #PriceGrowth #GroceryPrices #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

👉Canada's annual inflation rate dropped to 2.9% in January, a significant decrease from December's 3.4%. The primary contributor to this decline was lower gasoline prices on a year-over-year basis. Additionally, the growth in grocery prices slowed, increasing by 3.4% annually, down from 4.7% in December. On a seasonally adjusted basis, prices experienced their first decline since May 2020, according to the consumer price index report. The Bank of Canada's preferred core inflation measures, designed to eliminate price volatility, also saw a reduction last month.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #CanadianEconomy #InflationUpdate #PriceDecline #ConsumerPriceIndex #BankOfCanada #EconomicNews #GroceryInflation #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Statistics Canada data reveals that Canada's annual inflation rate declined to 2.8% in June, marking a 27-month low. Despite this drop, food prices remain elevated. The figure came in lower than analysts' expectations, who had predicted a decline to 3.0% from May's 3.4%. The consumer price index also saw a modest increase of 0.1% month-over-month, falling short of the anticipated 0.3% gain. This latest reading places the annual rate within the Bank of Canada's controlled range of 1% to 3% for the first time since March 2021.✅ . . #InflationRate #ConsumerPriceIndex #FoodPrices #EconomicData #StatisticsCanada #BankofCanada #InflationTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews