👉Canada's inflation rate rose to 2.9% in May, surprising economists who anticipated a decline from April's 2.7%, according to Statistics Canada. The rise was driven mainly by increased costs in services, particularly cellphone services, travel tours, rent, and air transportation, which saw a 4.6% hike. This unexpected increase disrupts the trend of cooling inflation seen earlier this year and has led financial markets to lower expectations of a rate cut in July to below 50%. The Bank of Canada, which recently cut interest rates for the first time in four years, has indicated that future rate decisions will depend on economic data.✅ . 𝐒𝐞𝐜𝐮𝐫𝐞 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐍𝐞𝐞𝐧𝐚 𝐕𝐚𝐫𝐠𝐡𝐞𝐬𝐞, 𝐎𝐧𝐭𝐚𝐫𝐢𝐨'𝐬 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐞𝐱𝐩𝐞𝐫𝐭. 𝐂𝐚𝐥𝐥: +𝟏 (𝟒𝟑𝟕) 𝟗𝟖𝟐-𝟎𝟖𝟎𝟒 @neena.robin . . #CanadaInflation #EconomicUpdate #StatisticsCanada #CPI #BankOfCanada #InflationRise #FinancialNews #mnm #malayalisnearmeapp #canadaupdate #canadanews

Great News! 🌟📈 The Real Gross Domestic Product (GDP) grew by 0.4% in April (year-over-year). This positive economic trend reflects the resilience and growth potential of our market. Let's keep the momentum going! 🚀💪 Interested in learning how this affects your real estate opportunities? 🏡📞 Contact me today! 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 #EconomicGrowth #GDPIncrease #PositiveTurnaround #Economy2024 #FinancialNews #EconomicRecovery #FutureProsperity #MarketTrends #EconomicMomentum #TheCanadianHome

Great News! 🌟📈 The Real Gross Domestic Product (GDP) grew by 0.4% in April (year-over-year). This positive economic trend reflects the resilience and growth potential of our market. Let's keep the momentum going! 🚀💪 Interested in learning how this affects your real estate opportunities? 🏡📞 Contact me today! 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 #EconomicGrowth #GDPIncrease #PositiveTurnaround #Economy2024 #FinancialNews #EconomicRecovery #FutureProsperity #MarketTrends #EconomicMomentum #TheCanadianHome

👉The Canada Pension Plan Investment Board has reported a net return of 8% for its latest fiscal year, ending March 31. Strong performance in public equity markets, gains in private equity, credit, infrastructure, and energy investments contributed to this result. However, weaker performance in emerging markets and real estate assets offset some gains. Although the fund fell short of its benchmark portfolios, it remains significantly diversified for resilience against volatility. Net assets grew to $632.3 billion, reflecting $46.4 billion in net income and $15.9 billion in transfers from the Canada Pension Plan.✅ . 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 . . #CPPInvestments #FinancialNews #InvestmentReturns #PensionPlan #AssetGrowth #FinancialPerformance #CanadaEconomy #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Canada's annual CPI inflation fell to 2.7% in April from 2.9% in March, aligning with market expectations, according to Statistics Canada. Monthly, the CPI rose 0.5%, while core CPI, excluding food and energy, remained unchanged. The Bank of Canada's core CPI increased by 1.6% annually, down from 2% in March. In response, the USD/CAD rose slightly, up 0.1% to 1.3638.✅ . 𝐁𝐞𝐬𝐭 𝐈𝐧𝐝𝐢𝐚-𝐂𝐚𝐧𝐚𝐝𝐚 𝐟𝐥𝐢𝐠𝐡𝐭 𝐝𝐞𝐚𝐥𝐬 𝐚𝐰𝐚𝐢𝐭! 𝐑𝐚𝐡𝐦𝐚𝐧 𝐓𝐫𝐚𝐯𝐞𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 (𝟔𝟒𝟕) 𝟖𝟖𝟗-𝟐𝟕𝟕𝟔, 𝟗𝟎𝟓-𝟒𝟏𝟐-𝟐𝟕𝟖𝟕 𝐬𝐚𝐥𝐞𝐬@𝐫𝐚𝐡𝐦𝐚𝐧𝐭𝐫𝐚𝐯𝐞𝐥𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬.𝐜𝐨𝐦 @rahmantravelservices . . #CanadaInflation #CPI #EconomicUpdate #StatisticsCanada #BankofCanada #USD #CAD #FinancialNews #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

👉Tax season in Canada officially commenced, allowing Canadians to start filing their income tax returns online. The Canada Revenue Agency (CRA) notes that those filing on paper should have received their income tax packages by mail. The deadline for most Canadians to file and make payments to the CRA is April 30. Self-employed individuals and their spouses have an extended deadline until June 15 (considered on time if received or postmarked by June 17). However, self-employed Canadians must still pay owed amounts to the CRA by April 30 to avoid interest. In 2023, the CRA processed 18 million refunds averaging $2,262.✅ . 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 . . #TaxSeason #IncomeTax #CRA #April30Deadline #SelfEmployed #TaxRefunds #FinancialNews #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉In its first decision of 2024, the Bank of Canada opted to maintain its policy interest rate at the decade-high of 5%, marking the fourth consecutive hold. The central bank acknowledged a shift in monetary policy discussions, moving from contemplating further rate hikes to considering when to potentially lower them. Governor Tiff Macklem highlighted the changing economic landscape, noting a state of "excess supply" and a balance between demand and output. This pivotal language signals a departure from previous inclinations and opens the door to future rate cuts, reflecting the evolving dynamics of the Canadian economy.✅ . 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐲𝐨𝐮𝐫 𝐡𝐨𝐦𝐞 𝐣𝐨𝐮𝐫𝐧𝐞𝐲 𝐞𝐟𝐟𝐨𝐫𝐭𝐥𝐞𝐬𝐬𝐥𝐲 𝐰𝐢𝐭𝐡 𝐊𝐚𝐦𝐚𝐥, 𝐲𝐨𝐮𝐫 𝐝𝐞𝐝𝐢𝐜𝐚𝐭𝐞𝐝 𝐆𝐓𝐀 𝐑𝐞𝐚𝐥𝐭𝐨𝐫. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟔𝟕𝟑-𝟑𝟓𝟏𝟔 𝐄𝐦𝐚𝐢𝐥: 𝐤𝐚𝐦𝐚𝐥@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @kamalpillai_realtor . . #BankOfCanada #MonetaryPolicy #InterestRates #CentralBanking #CanadianEconomy #RateCuts #FinancialNews #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉In December 2023, Canada experienced a 3.4 percent increase in its inflation rate, a widely anticipated rise attributed to a steeper decline in gasoline prices. Grocery prices mirrored the 4.7 percent increase seen in November. Statistics Canada reported an annual average inflation rate of 3.9 percent for 2023, a decline from the 40-year high of 6.8 percent in 2022. The federal agency highlighted a slowdown in price growth across six out of eight components of the consumer price index compared to the previous year.✅ . 𝐁𝐞𝐬𝐭 𝐈𝐧𝐝𝐢𝐚-𝐂𝐚𝐧𝐚𝐝𝐚 𝐟𝐥𝐢𝐠𝐡𝐭 𝐝𝐞𝐚𝐥𝐬 𝐚𝐰𝐚𝐢𝐭! 𝐑𝐚𝐡𝐦𝐚𝐧 𝐓𝐫𝐚𝐯𝐞𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 (𝟔𝟒𝟕) 𝟖𝟖𝟗-𝟐𝟕𝟕𝟔, 𝟗𝟎𝟓-𝟒𝟏𝟐-𝟐𝟕𝟖𝟕 𝐬𝐚𝐥𝐞𝐬@𝐫𝐚𝐡𝐦𝐚𝐧𝐭𝐫𝐚𝐯𝐞𝐥𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬.𝐜𝐨𝐦 @rahmantravelservices . . #StatCan #InflationFigures #EconomicNews #DecemberInflation #InflationRate #FinancialNews #CanadianEconomy #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉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