👉Statistics Canada reports a 0.7% rise in retail sales for April, reaching $66.8 billion, boosted by higher sales at gasoline stations and food and beverage retailers. Sales increased in seven of the nine tracked subsectors, with gasoline stations and fuel vendors up 4.5% and food and beverage retailers up 1.9%. However, sales at motor vehicle and parts dealers fell 2.2%, with new car sales dropping 2.9%. Core retail sales, excluding gas stations and vehicle dealers, rose 1.4%. In volume terms, retail sales increased 0.5%. The advance estimate for May suggests a 0.6% decline, subject to revision.✅ . 𝐔𝐧𝐥𝐨𝐜𝐤 𝐲𝐨𝐮𝐫 𝐝𝐫𝐞𝐚𝐦 𝐡𝐨𝐦𝐞 𝐰𝐢𝐭𝐡 𝐌𝐚𝐧𝐨𝐣 𝐊𝐚𝐫𝐚𝐭𝐡𝐚, 𝐚𝐧 𝐚𝐰𝐚𝐫𝐝-𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐑𝐞𝐚𝐥𝐭𝐨𝐫 𝐢𝐧 𝐎𝐧𝐭𝐚𝐫𝐢𝐨. 𝐂𝐚𝐥𝐥: +𝟏 (𝟔𝟒𝟕) 𝟐𝟐𝟔-𝟐𝟔𝟔𝟓 𝐄𝐦𝐚𝐢𝐥: 𝐦𝐚𝐧𝐨𝐣@𝐭𝐡𝐞𝐜𝐚𝐧𝐚𝐝𝐢𝐚𝐧𝐡𝐨𝐦𝐞.𝐜𝐨𝐦 @manojkaratha_realtor . . #RetailSales #CanadaEconomy #StatisticsCanada #GasPrices #FoodSales #EconomicTrends #MarketUpdate #mnm #malayalisnearmeapp #canadaupdate #canadanews

👉Motorists in the Greater Toronto Area (GTA) woke up to a sharp increase in gasoline prices, with a litre now costing approximately $1.79, marking the highest price since August 2022. According to Dan McTeague of GasWizard, three main factors are driving this surge: tensions in the Middle East, an increase in the carbon tax, and the seasonal switch from winter to summer gasoline blends. The transition to the costlier summer blend contributes to the rise in prices each spring due to the chemical differences between the two blends. The sudden spike in gas prices adds to the financial strain faced by consumers amidst a broader cost-of-living crisis, impacting essential expenses like groceries and rent.✅ . 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 . . #GasPrices #Ontario #CostOfLiving #CarbonTax #FuelBlend #MiddleEastTensions #ConsumerConcerns #GTA #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

👉Gas prices in Canada have notably increased in March, with Toronto experiencing significant rises. According to GasBuddy, Toronto's average gas price jumped by 11 cents per litre last week, reaching 153.04 cents per litre, while the national average rose by 4.7 cents to 155.31 cents per litre. Patrick De Haan from GasBuddy attributes this surge to increased spring break travel and warmer weather, leading to a three percent rise in demand. Ontario witnessed the largest price increase, followed by BC and Quebec, while Newfoundland, Alberta, and New Brunswick saw moderate declines. Additionally, the transition to summer gasoline production and refinery maintenance contribute to the price hike.✅ . 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 . . #GasPrices #Canada #Toronto #FuelCosts #SpringTravel #ConsumerNews #EconomicTrends #mnm #malayalisnearmeapp #canadaupdate #canadanews