👉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

👉Canada's inflation reached 2.9% in March, in line with expectations, while core inflation continued its decline for the third consecutive month. Gasoline prices drove the annual rate increase, while excluding gasoline, inflation slowed to 2.8%. Monthly, the Consumer Price Index rose by 0.6%. Economists anticipated a 2.9% rise. Despite predictions, CPI eased to 2.8% in February. The Bank of Canada maintained the benchmark interest rate at 5%, hinting at a possible cut in June. Governor Tiff Macklem expects core inflation to gradually decrease, but with rising gas prices, CPI may linger around 3%.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #CanadaInflation #EconomicUpdate #BankofCanada #GasPrices #InflationTrends #EconomicOutlook #FinancialNews #mnm #malayalisnearmeapp #canadaupdate #canadanews

🚨 Ontario's fiscal forecast brings concern as the projected deficit for the upcoming year hits $9.8 billion, nearly double the previous estimate. Despite measures to curb spending, factors like high interest rates and increased expenses contribute to the challenge. However, the province aims to gradually reduce the deficit, targeting a modest surplus by 2026. #OntarioBudget #EconomicUpdate 📉💰 #TaxSeason #TaxTips #InternationalStudents #CanadaTaxSeason #CRAAdvice #QRAfinancials #CanadaTaxConsultants #MalayaliTaxConsultant #QRAfinancials #QRtax #tax #accounting #taxpaying #taxprofessional #malayaliaccountant #accountingcompany #ontario #canada #torento #taxpreparation #taxplanning #taxaccountant #QR #CorporateFinance #taxdeductions #helpforaccounting #TaxReturns #corporatetaxcanada

👉Canada's annual inflation rate held steady at 3.1% in November, according to Statistics Canada. The report indicates that higher prices for recreation and clothing contributed to inflation pressures. However, there's positive news on the grocery front, with the pace of price increases slowing for a fifth consecutive month. Grocery prices rose 4.7% year-over-year, marking a slowdown from October's 5.4%. The Bank of Canada has maintained its key interest rate at 5%, citing encouragement from the economic slowdown and easing inflation. Governor Tiff Macklem acknowledged potential challenges but did not rule out another rate hike.✅ . . #EconomicUpdate #FinancialNews #ConsumerPrices #InflationData #CanadianFinance #CanadaInflation #CanadFoodPrice #mnm #malayalisnearmeapp #canadaupdate #canadanews

In response to the recent drop in inflation, the Bank of Canada has decided to maintain the policy rate at 5% 📉. This change could be advantageous for those with the budget to buy a home 🏡, especially with the winter market slowdown ❄️ Follow me for 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 #BankOfCanada #InterestRates #EconomicUpdate #InflationRate #PolicyRate #CanadianEconomy #HousingMarket #FinancialNews #WinterMarket #Homebuying #EconomicStability #FinanceCanada #MonetaryPolicy #Budgeting #FinancialDecisions

In response to the recent drop in inflation, the Bank of Canada has decided to maintain the policy rate at 5% 📉. This change could be advantageous for those with the budget to buy a home 🏡, especially with the winter market slowdown ❄️ Follow me for 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 #BankOfCanada #InterestRates #EconomicUpdate #InflationRate #PolicyRate #CanadianEconomy #HousingMarket #FinancialNews #WinterMarket #Homebuying #EconomicStability #FinanceCanada #MonetaryPolicy #Budgeting #FinancialDecisions

👉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

👉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