👉According to a new report from Statistics Canada, Alberta was one of Canada's leading economic contributors in 2023, despite a national growth slowdown. While Canada's real GDP growth dropped to 1.2%, down from 3.6% in 2022, Alberta's economy expanded by 1.5%, following a 5.1% growth in 2022. Alberta ranked third in economic contributions, behind Ontario and B.C. The province's growth was mainly driven by mining, quarrying, and oil gas extraction, which accounted for 46% of the momentum. However, the construction sector's slower growth and a 14.1% decrease in crop yields were hindrances to Alberta's overall economic performance.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #AlbertaEconomy #EconomicGrowth #StatisticsCanada #GDP #Mining #OilAndGas #Construction #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Statistics Canada reported a 0.2% growth in Canada's GDP for February, primarily attributed to a rebound in transportation and warehousing, marking the largest month-to-month rise in over a year. Despite fears of recession, Canada has managed to maintain economic stability, aided by strong population growth. However, consumer demand and business investment have been slowed by high interest rates. Although the economy grew at a one per cent annualized rate in the fourth quarter, it shrank on a per capita basis. The Bank of Canada will closely monitor these growth figures to determine the appropriate timing for interest rate adjustments.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #Canada #GDP #EconomicGrowth #BankofCanada #InterestRates #EconomicIndicators #StatisticsCanada #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Ontario announced prioritization of public postsecondary programs aligning with high-demand jobs amid federal study permit application caps. 96% of permits will go to public colleges and universities, focusing on fields like skilled trades, healthcare, STEM, and hospitality. French-language enrollment and limiting foreign permits to 55% of 2023 domestic enrollment are key. Institutions must align with 2023 permission levels and support economic growth. A Provincial Attestation Letter is required for most international students, while reforms limit post-graduation work visas for some. $32 million is allocated for mental health support, and new legislation aims to enhance student experiences and safety.✅ . 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 . . #OntarioEducation #InternationalStudents #InDemandJobs #PostsecondaryEducation #MentalHealthSupport #StudentExperience #EconomicGrowth #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉👉Minister of Agriculture Lawrence MacAulay announces a $177 million extension to the Wine Sector Support Program, aiding Canada's wine industry over the next three years. Addressing challenges like input price hikes and climate issues, the investment supports long-term success and brings the total government commitment to over $343 million. Under the Sustainable Canadian Agricultural Partnership, initiatives led by the Canadian Grapevine Certification Network receive funding for research and sector competitiveness. This includes up to $5.9 million for the AgriScience Program – Clusters Component and up to $836,220 for the AgriAssurance Program, focusing on sustainability and clean materials for grape growers.✅ . 𝐀𝐮𝐠𝐮𝐬𝐭𝐢𝐧𝐞 𝐉𝐨𝐲 𝐓𝐚𝐱 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 @taxesatjoy @augustine.joy_ 𝙎𝙩𝙪𝙙𝙚𝙣𝙩 𝙎𝙪𝙥𝙥𝙤𝙧𝙩 𝙉𝙚𝙬𝙘𝙤𝙢𝙚𝙧𝙨 𝘼𝙨𝙨𝙞𝙨𝙩𝙖𝙣𝙘𝙚 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙏𝙖𝙭 𝙨𝙤𝙡𝙪𝙩𝙞𝙤𝙣𝙨 𝙎𝙢𝙖𝙡𝙡 𝘽𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝘾𝙤𝙧𝙥𝙤𝙧𝙖𝙩𝙞𝙤𝙣𝙨 𝘼𝙪𝙙𝙞𝙩𝙞𝙣𝙜 𝙍𝙚𝙥𝙧𝙚𝙨𝙚𝙣𝙩𝙖𝙩𝙞𝙤𝙣 +𝟏 𝟑𝟎𝟔 𝟑𝟏𝟑 𝟔𝟗𝟖𝟗 𝐭𝐚𝐱𝐞𝐬𝐚𝐭𝐣𝐨𝐲@𝐠𝐦𝐚𝐢𝐥.𝐜𝐨𝐦 𝐰𝐰𝐰.𝐭𝐚𝐱𝐞𝐬𝐚𝐭𝐣𝐨𝐲.𝐜𝐚 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐥𝐨𝐜𝐚𝐭𝐢𝐨𝐧: 𝐀𝐥𝐥 𝐨𝐯𝐞𝐫 𝐂𝐚𝐧𝐚𝐝𝐚 𝐞𝐱𝐜𝐞𝐩𝐭 𝐐𝐮𝐞𝐛𝐞𝐜 . . #WineIndustrySupport #AgricultureInvestment #SustainableAgriculture #CanadianGrapes #WineClusterResearch #EconomicGrowth #ClimateResilience #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉An influx of new immigrants is reshaping Canada's gender ratio, with adult men experiencing a growth of 3.4% over the past year, surpassing the 2.9% increase in women. This marks the widest spread in nearly 50 years, according to Doug Porter, Chief Economist at the Bank of Montreal. The trend is even more pronounced in the 25-to-44 age group, where men saw a 4.8% increase compared to a 3.9% rise in women. Canada's liberal immigration policy, aimed at expanding the workforce to counter long-term economic decline, is a key driver of these demographic shifts, contributing to a population growth rate of 3.2% over one year.✅ . 𝐓𝐨𝐲𝐨𝐭𝐚 & 𝐇𝐨𝐧𝐝𝐚 𝐍𝐞𝐰 𝐚𝐧𝐝 𝐔𝐬𝐞𝐝 𝐯𝐞𝐡𝐢𝐜𝐥𝐞𝐬 𝐅𝐫𝐞𝐞 𝐠𝐚𝐬 𝐜𝐚𝐫𝐝 𝐰𝐢𝐭𝐡 𝐞𝐯𝐞𝐫𝐲 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞! 𝐌𝐚𝐧𝐨𝐣 𝐉𝐨𝐬𝐞𝐩𝐡 𝐀𝐬𝐬𝐢𝐬𝐭𝐚𝐧𝐭 𝐒𝐚𝐥𝐞𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐫 +𝟏 (𝟔𝟒𝟕) 𝟖𝟗𝟒-𝟎𝟕𝟔𝟏 𝐦𝐚𝐧𝐨𝐣.𝐦𝐮𝐤𝐤𝐮𝐧𝐝𝐚𝐧@𝐨𝐩𝐞𝐧𝐫𝐨𝐚𝐝𝐭𝐨𝐲𝐨𝐭𝐚.𝐜𝐚 𝐰𝐰𝐰.𝐛𝐫𝐚𝐦𝐩𝐭𝐨𝐧𝐞𝐚𝐬𝐭𝐭𝐨𝐲𝐨𝐭𝐚.𝐜𝐚 𝟐 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐎𝐧𝐭𝐚𝐫𝐢𝐨 𝐁𝐥𝐯𝐝, 𝐁𝐫𝐚𝐦𝐩𝐭𝐨𝐧, 𝐎𝐍 𝐋𝟔𝐬 𝟎𝐂𝟐 @mukkadan.joseph . . #CanadaImmigration #GenderRatioShift #PopulationBoom #DemographicChanges #EconomicGrowth #ImmigrationImpact #CanadaDemographics #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The study conducted by the Institute for Canadian Citizenship and the Conference Board of Canada has revealed that immigrants to Canada are increasingly choosing to leave the country in search of better opportunities elsewhere. The research found that the number of immigrants leaving Canada surged in 2017 and 2019, representing a 31% increase above the historical average. Even when excluding these years, onward migration, where immigrants settle in another country after arriving in Canada, has been steadily increasing since the 1980s. The study underscores the importance of immigration to Canada's future prosperity, citing previous research that shows immigration contributes to GDP growth, improves the worker-to-retiree ratio, and helps alleviate labor shortages that can lead to inflation. It also aligns with Canada's humanitarian goals by welcoming newcomers. The research indicates that immigrants who thrive in Canada are more likely to stay. The study suggests that immigrants are most likely to migrate again four to seven years after their initial arrival in Canada, suggesting that positive early experiences in the country play a crucial role in enticing immigrants to stay. As a result, the authors of the study urge the federal government to prioritize retaining newcomers. They emphasize that for Canada to meet its immigration goals, it should not only focus on attracting newcomers but also on retaining them. The study proposes that immigrant retention should be a key performance indicator for Canada's immigration strategy, as immigration is central to supporting population and economic growth in the country.✅ . . #ImmigrationTrends #OnwardMigration #CanadaImmigration #ImmigrantRetention #EconomicGrowth #GlobalOpportunities #CanadianSociet #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉In a significant development, Canadian Minister Miller has introduced a far-reaching strategy designed to improve Canada's immigration system. This new initiative holds the promise of delivering substantial enhancements to the immigration process, with potential benefits for both aspiring immigrants and the nation's economic prosperity. By unveiling this comprehensive plan, Canada is taking a pivotal step towards reshaping its immigration landscape. The strategy's specifics and the roadmap for its implementation are detailed in the source, shedding light on the exciting changes that may soon define the future of immigration in Canada. This unveiling marks a momentous milestone in Canada's ongoing commitment to welcoming newcomers and strengthening its diverse society. IRCC, the Canadian immigration department, is focused on providing a more welcoming experience for newcomers through its Digital Platform Modernization (DPM). This platform aims to streamline processes, enhance automation, and offer digital self-service, ultimately expediting application processing and improving the clarity and user-friendliness of the immigration journey. To align immigration with the labor market, Minister Miller stressed the importance of identifying the skills needed and matching newcomers to available jobs. The IRCC plans to introduce category-based Express Entry rounds for attracting top talent and is appointing a Chief International Talent Officer to ensure immigration aligns with long-term labor strategies. IRCC is also working on a comprehensive growth plan, addressing issues like housing and healthcare for newcomers, in collaboration with provinces and territories. A recent restructuring aims to make the department more responsive to world events and address backlog issues. This announcement precedes the Immigration Levels Plan 2024-2026, set to be released by November 1, which will likely maintain Canada's high immigration targets and keep IRCC busy during its structural changes.✅ . . #CanadaImmigration #ImmigrationStrategy #MinisterMiller #CanadianVisa #EnhancedImmigration #EconomicGrowth #DiverseCanad #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉In a recent report, Statistics Canada revealed that Canada's inflation rate has spiked to an annual pace of four per cent. This significant uptick, with an increase of 0.7 percentage points, is primarily attributed to the rise in gasoline prices. Gasoline costs surged by 4.6 per cent in August alone, marking the first annual increase since January. Notably, pump prices are now 0.8 per cent higher than they were a year ago, contributing to the overall inflationary pressure. This development raises concerns about the impact on consumer spending and the broader economy.✅ . . #ExpressEntryChanges #CategoryBasedSelection #SkilledImmigration #TransportOccupations #CanadaWorkforceNeeds #EconomicGrowth #ImmigrationUpdate #ImmigrationUpdate #CanadaPR #freeimmigrationupdate #candadianmallu #mnm #malayalisnearmeapp

🍁 Canada Launches Category-Based Selection for Newcomers in the Transport Sector🍁 ✅ On May 31, 2023, Immigration, Refugees, and Citizenship Canada introduced significant changes to the Express Entry system, implementing category-based selection. This innovative approach aims to combat labor shortages and boost economic goals by inviting candidates with specific work experience or French language proficiency to apply for permanent residency. Today, Minister Marc Miller announced the inaugural round of invitations for transport-related occupations within Express Entry, including commercial truck drivers, pilots, and aircraft assembly workers. This strategic move intends to attract skilled talent to Canada's transport sector, addressing critical workforce needs across the nation. By customizing the Express Entry system to prioritize skilled newcomers in transport occupations, Canada seeks to fulfill the growing demand for talent and fill essential positions that contribute to the country's economic growth and progress. . Source: https://www.cicnews.com/ . . #ExpressEntryChanges #CategoryBasedSelection #SkilledImmigration #TransportOccupations #CanadaWorkforceNeeds #EconomicGrowth #ImmigrationUpdate #ImmigrationUpdate #CanadaPR #freeimmigrationupdate #candadianmallu #mnm #malayalisnearmeapp

👉The Canadian dollar asserts its strength as it gains momentum, accompanied by a climb in benchmark yields. This dynamic shift in the currency market reflects the Canadian dollar's increasing value and the rising yields on government bonds. As the Canadian economy evolves, these developments highlight its potential for growth and stability. Investors and financial observers closely monitor this trend, which could have implications for various sectors and investment strategies.✅ . . #CADStrength #CurrencyMarketShift #RisingYields #EconomicGrowth #InvestorInterest #FinancialObservation #CanadianEconomy #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉The Bank of Canada raised the overnight rate to 5%, the bank rate to 5¼ % and the deposit rate to 5%. The bank continues its quantitative tightening. Global inflation is slowing, with lower energy prices and a decline in the price of goods. However, strong demand and a tight labour market lead to persistent inflationary pressures on jobs. Economic growth has been stronger than expected, particularly in the United States, where consumer and business spending has grown strongly. Global economic conditions have stretched, with inflation increasing in North America and Europe, and central banks signaling that additional interest rates may be necessary to combat inflation.✅ . . #BankOfCanada #InterestRates #QuantitativeTightening #Inflation #GlobalEconomy #EconomicGrowth #mnm #malayalisnearmeapp #canadaupdate #canadanews

🍁Canada Unveils Bold Plan to Attract French-Speaking Talent and Teachers🍁 ✅The Canadian government is working on a new immigration policy aimed at attracting French-speaking talent and teachers to the country. The policy is part of Canada's commitment to promoting bilingualism and supporting the country's vibrant and diverse francophone communities, particularly in regions outside of Quebec. This initiative seeks to create more opportunities for people with French-language skills to move to Canada and contribute to the country's social and economic fabric. In addition to supporting French-language education and culture, the policy is also intended to help address labour shortages in various sectors, including healthcare, education, and information technology. The new policy is still in development, but it is expected to be released later this year. . . Source: https://www.ctvnews.ca/ . . #IRCC ##Frenchspeaking #CanadaImmigration #teachers ##bilingualism #francophoner #economicgrowth #immigrationupdate #Canada #PNP #Immigrationnews #canadaPR #freeimmigrationupdate #candadianmallu #mnm #malayalisnearmeapp