โก๐จ๐ฆ HIGH GAS PRICES DRIVE 21% SURGE IN CANADA EV SALES โ AFFORDABILITY FINALLY CLICKS
๐น EV sales up 20.8% Jan-Apr 2026 vs same period 2025 โ from 8,672 to 21,574 peak month ๐
๐น Federal incentives back: $5,000 off new EVs, $2,500 off hybrids made in Canada/trade partners ๐ฐ
๐น Gas hits $1.63/L national average โ 24ยข higher than 2025 amid Middle East crisis โฝ
๐น Dealers hear "I spend $1,000/month on diesel" from Ram truck owners switching to electric ๐โก๏ธโก
J.D. Power: 34% of shoppers now likely to buy EV (up from 28%) as cost barrier breaks ๐
Save this before your next car purchase โ the math is changing fast ๐ฒ๐
#CanadaNews #ElectricVehicles
@canada
๐น EV sales up 20.8% Jan-Apr 2026 vs same period 2025 โ from 8,672 to 21,574 peak month ๐
๐น Federal incentives back: $5,000 off new EVs, $2,500 off hybrids made in Canada/trade partners ๐ฐ
๐น Gas hits $1.63/L national average โ 24ยข higher than 2025 amid Middle East crisis โฝ
๐น Dealers hear "I spend $1,000/month on diesel" from Ram truck owners switching to electric ๐โก๏ธโก
J.D. Power: 34% of shoppers now likely to buy EV (up from 28%) as cost barrier breaks ๐
Save this before your next car purchase โ the math is changing fast ๐ฒ๐
#CanadaNews #ElectricVehicles
@canada
๐คก5โค3๐2๐ฅ1
๐ชถ๐จ๐ฆ CANADA CELEBRATES 30TH ANNIVERSARY OF NATIONAL INDIGENOUS PEOPLES DAY
๐น June 21 marks summer solstice - 'renewal, connection & celebration' for First Nations, Inuit & Mรฉtis ๐
๐น Hamilton-Niagara hosts festivals, traditional dancing, storytelling & artisan markets ๐ญ
๐น Six Nations Community Hall features water slides, bouncy castles & band performances ๐ต
๐น From Winnipeg's The Forks to Burlington Central Park - communities gather nationwide โณ
30 years since first proclamation in 1996 - honoring traditions & contributions ๐
Tag someone who should learn about Indigenous heritage this summer ๐ฒ๐ชถ
#CanadaNews #IndigenousPeoplesDay
@canada
๐น June 21 marks summer solstice - 'renewal, connection & celebration' for First Nations, Inuit & Mรฉtis ๐
๐น Hamilton-Niagara hosts festivals, traditional dancing, storytelling & artisan markets ๐ญ
๐น Six Nations Community Hall features water slides, bouncy castles & band performances ๐ต
๐น From Winnipeg's The Forks to Burlington Central Park - communities gather nationwide โณ
30 years since first proclamation in 1996 - honoring traditions & contributions ๐
Tag someone who should learn about Indigenous heritage this summer ๐ฒ๐ชถ
#CanadaNews #IndigenousPeoplesDay
@canada
โค3๐3๐คฎ2๐ฅ1
๐๐จ๐ฆ CANADA RECEIVES FIRST H135 TRAINING HELICOPTER - RCAF PILOT PROGRAM MODERNIZATION BEGINS
๐น Airbus delivers CT-153 Juno helicopter June 17 in Fort Erie, Ontario - 1st of 19 aircraft ordered ๐ญ
๐น Future Aircrew Training (FAcT) program to train next-gen Royal Canadian Air Force pilots โ๏ธ
๐น Supports basic ab-initio, advanced IFR & tactical training for rotary-wing aircrew ๐ฏ
๐น SkyAlyne prime contractor: 'RCAF gets unfair advantage in skies' with world-class training ๐ช
Based at 15 Wing Southport with 3 Canadian Forces Flying Training School ๐
Forward to aspiring pilots or aerospace workers in your network ๐ฒ๐ฉ๏ธ
#CanadaNews #Aviation
@canada
๐น Airbus delivers CT-153 Juno helicopter June 17 in Fort Erie, Ontario - 1st of 19 aircraft ordered ๐ญ
๐น Future Aircrew Training (FAcT) program to train next-gen Royal Canadian Air Force pilots โ๏ธ
๐น Supports basic ab-initio, advanced IFR & tactical training for rotary-wing aircrew ๐ฏ
๐น SkyAlyne prime contractor: 'RCAF gets unfair advantage in skies' with world-class training ๐ช
Based at 15 Wing Southport with 3 Canadian Forces Flying Training School ๐
Forward to aspiring pilots or aerospace workers in your network ๐ฒ๐ฉ๏ธ
#CanadaNews #Aviation
@canada
๐7โค5๐ฅ1
๐จ๐ฆ๐ฆ๐บ AUSTRALIA-CANADA STRIKE $2.5B DEFENSE DEAL ON ARCTIC RADAR
๐น Over-the-Horizon Radar monitors Arctic threats for NORAD defense ๐ก JORN technology covers tens of thousands of square kilometers
๐น Australia's biggest export creates 2,300 Canadian jobs annually โก Contributing C$290M to GDP for five years
๐น 14 Canadian companies joining build-out through late 2020s ๐ ๏ธ BAE Systems leads design phases
๐น Arctic surveillance strengthens continental defense capabilities ๐จ๏ธ Detects threats far beyond line of sight
Major step toward Arctic sovereignty ๐๐จ๐ฆ
#CanadaNews #defense
๐ This affects more people than you think ๐ฒ
@canada
๐น Over-the-Horizon Radar monitors Arctic threats for NORAD defense ๐ก JORN technology covers tens of thousands of square kilometers
๐น Australia's biggest export creates 2,300 Canadian jobs annually โก Contributing C$290M to GDP for five years
๐น 14 Canadian companies joining build-out through late 2020s ๐ ๏ธ BAE Systems leads design phases
๐น Arctic surveillance strengthens continental defense capabilities ๐จ๏ธ Detects threats far beyond line of sight
Major step toward Arctic sovereignty ๐๐จ๐ฆ
#CanadaNews #defense
๐ This affects more people than you think ๐ฒ
@canada
โค5๐คก3
๐จ๐ฆโ๏ธ PARLIAMENT COMMITTEE URGES INDEFINITE PAUSE ON MAID MENTAL ILLNESS
๐น Special committee recommends halting March 2027 expansion permanently ๐ซ Currently delayed twice due to readiness concerns
๐น Legal safeguards and assessment capacity deemed insufficient ๐ Difficulty determining psychiatric prognosis
๐น Federal government must respond by July 11, 2026 โฐ Disability advocates push for permanent suspension
๐น Current law allows MAID for terminal physical conditions only ๐ Mental illness prohibition until March 2027
Balancing access rights with patient safety ๐จ๐ฆ
#CanadaNews #healthcare
@canada
๐น Special committee recommends halting March 2027 expansion permanently ๐ซ Currently delayed twice due to readiness concerns
๐น Legal safeguards and assessment capacity deemed insufficient ๐ Difficulty determining psychiatric prognosis
๐น Federal government must respond by July 11, 2026 โฐ Disability advocates push for permanent suspension
๐น Current law allows MAID for terminal physical conditions only ๐ Mental illness prohibition until March 2027
Balancing access rights with patient safety ๐จ๐ฆ
#CanadaNews #healthcare
@canada
โค3๐2
๐จ๐ฆโฝ CANADA WORLD CUP 2026 STADIUMS READY โ TORONTO OPENING JUNE 12
๐น Toronto Stadium hosts Canada opener โ first men's World Cup on Canadian soil ๐ฏ 45,736 capacity after $145M expansion with natural grass
๐น BC Place Vancouver handles 7 matches including Round of 16 โก $180M upgrades boost capacity to 54,000
๐น Exhibition Place and Fort York host massive fan festivals ๐ช PNE grounds create Vancouver viewing areas
๐น Canada joins Mexico/USA as tri-hosts for historic 48-team format ๐ 104 total matches across 16 stadiums
June 12 marks hockey country's biggest soccer moment โฝ๐จ๐ฆ
#CanadaNews #worldcup
@canada
๐น Toronto Stadium hosts Canada opener โ first men's World Cup on Canadian soil ๐ฏ 45,736 capacity after $145M expansion with natural grass
๐น BC Place Vancouver handles 7 matches including Round of 16 โก $180M upgrades boost capacity to 54,000
๐น Exhibition Place and Fort York host massive fan festivals ๐ช PNE grounds create Vancouver viewing areas
๐น Canada joins Mexico/USA as tri-hosts for historic 48-team format ๐ 104 total matches across 16 stadiums
June 12 marks hockey country's biggest soccer moment โฝ๐จ๐ฆ
#CanadaNews #worldcup
@canada
โค6
๐จ๐ฆ๐๏ธ BANFF UNVEILS NEW TOURIST CROWD MANAGEMENT STRATEGY
๐น Banff National Park joins NYC/Honolulu/Vancouver tackling overtourism surge ๐ New reservation systems rolling out summer
๐น Daily visitor caps for peak season Lake Louise/Moraine Lake access ๐ Online booking required for parking/trails July start
๐น Extended hours and alternative routes distribute crowds โฐ Early morning/evening slots offer premium wilderness experiences
๐น Local businesses report mixed reactions balancing revenue/sustainability ๐ฐ Indigenous tours and off-peak incentives promoted
Protecting natural treasures while keeping accessible ๐ฒ๐จ๐ฆ
#CanadaNews #tourism
@canada
๐น Banff National Park joins NYC/Honolulu/Vancouver tackling overtourism surge ๐ New reservation systems rolling out summer
๐น Daily visitor caps for peak season Lake Louise/Moraine Lake access ๐ Online booking required for parking/trails July start
๐น Extended hours and alternative routes distribute crowds โฐ Early morning/evening slots offer premium wilderness experiences
๐น Local businesses report mixed reactions balancing revenue/sustainability ๐ฐ Indigenous tours and off-peak incentives promoted
Protecting natural treasures while keeping accessible ๐ฒ๐จ๐ฆ
#CanadaNews #tourism
@canada
โค12๐ค3
๐จ๐ฆ๐ค HISTORIC FIRST: CROATIA'S PM MAKES GROUNDBREAKING CANADA VISIT
๐น PM Mark Carney welcomes Andrej Plenkoviฤ to Parliament Hill for first-ever visit by sitting Croatian Prime Minister ๐๏ธ
๐น Bilateral trade skyrockets 500% over past decade โ up 33% in just one year, strengthening commercial ties ๐
๐น New drone manufacturing deal: Remote Robotic (Canada) + Orqa (Croatia) to boost Canadian defense industry and create high-paying jobs ๐
This historic partnership opens new doors for Canadian commerce and defense innovation! ๐ช
Share with anyone interested in international partnerships ๐ฒ๐จ๐ฆ
#CanadaNews #diplomacy
@canada
๐น PM Mark Carney welcomes Andrej Plenkoviฤ to Parliament Hill for first-ever visit by sitting Croatian Prime Minister ๐๏ธ
๐น Bilateral trade skyrockets 500% over past decade โ up 33% in just one year, strengthening commercial ties ๐
๐น New drone manufacturing deal: Remote Robotic (Canada) + Orqa (Croatia) to boost Canadian defense industry and create high-paying jobs ๐
This historic partnership opens new doors for Canadian commerce and defense innovation! ๐ช
Share with anyone interested in international partnerships ๐ฒ๐จ๐ฆ
#CanadaNews #diplomacy
@canada
โค8
โ๏ธ๐จ MAJOR CRIMINAL JUSTICE OVERHAUL: NEW BAIL & SENTENCING LAWS
๐น Bill C-14 with 80+ Criminal Code amendments targeting auto theft, extortion & organized crime becomes law ๐
๐น Stricter bail rules โ reverse onus now applies to violent repeat offenders, mandatory detention for public safety โ๏ธ
๐น Consecutive sentences required for violent auto theft + break-ins, extortion + arson combinations ๐
๐น New aggravating factors for organized retail theft and copper infrastructure interference attacks ๐ช
Takes effect July 15, 2026 โ tougher penalties for repeat violent offenders finally here! ๐ช
Share with community safety advocates ๐ฒ๐จ๐ฆ
#CanadaNews #justice
@canada
๐น Bill C-14 with 80+ Criminal Code amendments targeting auto theft, extortion & organized crime becomes law ๐
๐น Stricter bail rules โ reverse onus now applies to violent repeat offenders, mandatory detention for public safety โ๏ธ
๐น Consecutive sentences required for violent auto theft + break-ins, extortion + arson combinations ๐
๐น New aggravating factors for organized retail theft and copper infrastructure interference attacks ๐ช
Takes effect July 15, 2026 โ tougher penalties for repeat violent offenders finally here! ๐ช
Share with community safety advocates ๐ฒ๐จ๐ฆ
#CanadaNews #justice
@canada
โค6๐1
๐จ๐ TRAGEDY IN MONTREAL: POLICE OFFICER KILLED IN LINE OF DUTY
๐น Constable Mohamed Lamine Benredouane, 34, killed during gun battle in Cรดte-des-Neiges โ first Montreal officer death in 25 years ๐
๐น Civilian victim Moshe Mizrahi also killed when gunman fired from hotel window at 11:30 AM Monday ๐ฐ๏ธ
๐น Second officer seriously wounded but stable โ suspect shot and killed by police after manhunt ๐
Our hearts go out to the fallen officer's family and the Montreal police community during this difficult time ๐
Share to honor our brave officers who protect us every day ๐ฒ๐
#CanadaNews #Montreal
@canada
๐น Constable Mohamed Lamine Benredouane, 34, killed during gun battle in Cรดte-des-Neiges โ first Montreal officer death in 25 years ๐
๐น Civilian victim Moshe Mizrahi also killed when gunman fired from hotel window at 11:30 AM Monday ๐ฐ๏ธ
๐น Second officer seriously wounded but stable โ suspect shot and killed by police after manhunt ๐
Our hearts go out to the fallen officer's family and the Montreal police community during this difficult time ๐
Share to honor our brave officers who protect us every day ๐ฒ๐
#CanadaNews #Montreal
@canada
โค4๐ฅ3๐2๐ข1
โก๐ฟ CANADA INVESTS $21.6M IN GROUNDBREAKING CLEAN ENERGY PROJECT
๐น First-of-its-kind renewable microgrid for Sayisi Dene First Nation in Tadoule Lake, northern Manitoba ๐๏ธ
๐น Cutting-edge bifacial solar panels + battery storage + smart grid controller โ launching fall 2026 โก
๐น Will cut 500 tonnes of COโ annually while reducing diesel dependence and long-term power costs ๐
๐น Part of $453M federal program supporting 230+ renewable projects โ 67MW clean energy by 2027 ๐
Canada leading the way in Indigenous-led clean energy innovation โ building sustainable communities! ๐ช
Forward to environmentalists and clean tech enthusiasts ๐ฒ๐จ๐ฆ
#CanadaNews #cleanenergy
@canada
๐น First-of-its-kind renewable microgrid for Sayisi Dene First Nation in Tadoule Lake, northern Manitoba ๐๏ธ
๐น Cutting-edge bifacial solar panels + battery storage + smart grid controller โ launching fall 2026 โก
๐น Will cut 500 tonnes of COโ annually while reducing diesel dependence and long-term power costs ๐
๐น Part of $453M federal program supporting 230+ renewable projects โ 67MW clean energy by 2027 ๐
Canada leading the way in Indigenous-led clean energy innovation โ building sustainable communities! ๐ช
Forward to environmentalists and clean tech enthusiasts ๐ฒ๐จ๐ฆ
#CanadaNews #cleanenergy
@canada
โค6๐คก1
โ๏ธ๐ BORDER TRAVEL BOUNCES BACK: US VISITORS TO CANADA UP 6.9%
๐น American visits to Canada climb to 1.5 million in April โ third consecutive month of year-over-year gains ๐
๐น Canadian residents returning from 3.8 million overseas trips, first increase since February 2025 after extended decline ๐
๐น FIFA World Cup 2026 buzz building โ special visa rules for tournament visitors coming soon โฝ
๐น Parks Canada offers FREE admission to all national parks June 19-Sept 7 to boost summer tourism ๐๏ธ
Canada warming up for biggest tourism year since pandemic โ perfect time to explore our beautiful country! ๐จ๐ฆ
Share with travel lovers and adventure seekers ๐ฒโ๏ธ
#CanadaNews #travel
@canada
๐น American visits to Canada climb to 1.5 million in April โ third consecutive month of year-over-year gains ๐
๐น Canadian residents returning from 3.8 million overseas trips, first increase since February 2025 after extended decline ๐
๐น FIFA World Cup 2026 buzz building โ special visa rules for tournament visitors coming soon โฝ
๐น Parks Canada offers FREE admission to all national parks June 19-Sept 7 to boost summer tourism ๐๏ธ
Canada warming up for biggest tourism year since pandemic โ perfect time to explore our beautiful country! ๐จ๐ฆ
Share with travel lovers and adventure seekers ๐ฒโ๏ธ
#CanadaNews #travel
@canada
โค9
๐จ๐จ๐ฆ RCMP WARNS OF COPYCAT THREATS AFTER MONTREAL SHOOTING
๐น A gunman in military camouflage opened fire in Cรดte-des-Neiges โ officer Mohamed Benredouane, 34, killed alongside one civilian ๐๏ธ๐
๐น RCMP issued a nationwide alert after a 104-page incel manifesto was posted online calling for violence against politicians and institutions โ ๏ธ๐
๐น Quebec watchdog BEI investigating reports a civilian was caught in the 30-shot crossfire between suspect and police ๐
๐น All police agencies told to exercise extreme caution amid copycat fears ๐ก๏ธ๐
Stay safe โ share this with your community ๐ฒ๐จ๐ฆ
#CanadaNews #Montreal
@canada
๐น A gunman in military camouflage opened fire in Cรดte-des-Neiges โ officer Mohamed Benredouane, 34, killed alongside one civilian ๐๏ธ๐
๐น RCMP issued a nationwide alert after a 104-page incel manifesto was posted online calling for violence against politicians and institutions โ ๏ธ๐
๐น Quebec watchdog BEI investigating reports a civilian was caught in the 30-shot crossfire between suspect and police ๐
๐น All police agencies told to exercise extreme caution amid copycat fears ๐ก๏ธ๐
Stay safe โ share this with your community ๐ฒ๐จ๐ฆ
#CanadaNews #Montreal
@canada
๐๐จ๐ฆ LARGEST PNP EXPRESS ENTRY DRAW OF 2026 โ 955 INVITATIONS ISSUED
๐น Canada issued 955 ITAs on June 22 with a CRS cutoff of just 730 โ down 75 points from the May 25 draw that had an 805 cutoff and only 334 invitations ๐๐ฏ
๐น This is the biggest PNP round since December 2024, smashing the previous 2026 high of 681 invitations set in both January and March rounds โ ๐
๐น The 2026-2028 Immigration Levels Plan boosted PNP admissions by 66% to 91,500 spots โ fuelling active nomination cycles across Ontario, BC, Alberta, Saskatchewan, and Manitoba ๐๏ธ๐
Save this and share with anyone on their PR journey ๐ฒ๐๐จ๐ฆ
#CanadaNews #immigration #ExpressEntry
@canada
๐น Canada issued 955 ITAs on June 22 with a CRS cutoff of just 730 โ down 75 points from the May 25 draw that had an 805 cutoff and only 334 invitations ๐๐ฏ
๐น This is the biggest PNP round since December 2024, smashing the previous 2026 high of 681 invitations set in both January and March rounds โ ๐
๐น The 2026-2028 Immigration Levels Plan boosted PNP admissions by 66% to 91,500 spots โ fuelling active nomination cycles across Ontario, BC, Alberta, Saskatchewan, and Manitoba ๐๏ธ๐
Save this and share with anyone on their PR journey ๐ฒ๐๐จ๐ฆ
#CanadaNews #immigration #ExpressEntry
@canada
โฝ๐จ๐ฆ CANADA FACES SWITZERLAND IN KEY WORLD CUP GROUP B CLASH
๐น Canada rides a 6-0 demolition of Qatar โ Jonathan David scored a hat trick, Cyle Larin added his 2nd of the tournament ๐ฅโก
๐น Star midfielder Ismaรซl Konรฉ is OUT with a horrific leg injury โ huge loss for coach Jesse Marsch's high-press system ๐ข๐ฅ
๐น Switzerland bounced back 4-1 over Bosnia but conceded in both group matches โ their defence looks vulnerable ๐จ๐ญ๐
๐น Canada leads Group B on goal difference โ a draw or win seals a Round of 32 spot ๐ฏ๐
Forward this to every Canadian football fan ๐ฒ๐จ๐ฆ
#CanadaNews #WorldCup2026
@canada
๐น Canada rides a 6-0 demolition of Qatar โ Jonathan David scored a hat trick, Cyle Larin added his 2nd of the tournament ๐ฅโก
๐น Star midfielder Ismaรซl Konรฉ is OUT with a horrific leg injury โ huge loss for coach Jesse Marsch's high-press system ๐ข๐ฅ
๐น Switzerland bounced back 4-1 over Bosnia but conceded in both group matches โ their defence looks vulnerable ๐จ๐ญ๐
๐น Canada leads Group B on goal difference โ a draw or win seals a Round of 32 spot ๐ฏ๐
Forward this to every Canadian football fan ๐ฒ๐จ๐ฆ
#CanadaNews #WorldCup2026
@canada
๐๏ธ๐จ๐ฆ CARNEY'S CONDO CONVERSION PLAN DRAWS BACKLASH โ "IT'S A BAILOUT"
๐น PM Carney and BC Premier Eby announced a plan to buy 2,200 vacant condo units in Vancouver and convert them into affordable housing via Build Canada Homes and BC Housing ๐๏ธ๐
๐น The deal also includes $3.2B over 10 years to cut municipal development charges by up to 50%, saving up to $40,000 per housing unit ๐ฐ๐
๐น Housing analyst Ben Rabidoux called it "clearly a bailout" โ arguing those funds should go to new purpose-built rentals at lower cost to taxpayers ๐ฅ๐ธ
Save this and share with friends ๐ฒ๐๐จ๐ฆ
#CanadaNews #housing
@canada
๐น PM Carney and BC Premier Eby announced a plan to buy 2,200 vacant condo units in Vancouver and convert them into affordable housing via Build Canada Homes and BC Housing ๐๏ธ๐
๐น The deal also includes $3.2B over 10 years to cut municipal development charges by up to 50%, saving up to $40,000 per housing unit ๐ฐ๐
๐น Housing analyst Ben Rabidoux called it "clearly a bailout" โ arguing those funds should go to new purpose-built rentals at lower cost to taxpayers ๐ฅ๐ธ
Save this and share with friends ๐ฒ๐๐จ๐ฆ
#CanadaNews #housing
@canada
โค4๐3๐คฎ1
๐๐จ๐ฆ PEW POLL: ONLY 35% OF CANADIANS NOW SEE THE U.S. AS A RELIABLE PARTNER
๐น A massive new Pew Research survey of 42,151 adults across 36 countries shows Canadian trust in the U.S. has collapsed โ down from 83% in 2022 to just 35% in 2026 ๐๐ฑ
๐น Only 33% of Canadians view the U.S. favourably overall, down from 54% just two years ago โ the sharpest decline among all allied nations ๐บ๐ธ๐
๐น The drop reflects broader global concern about U.S. foreign policy direction and democratic health under the current administration ๐๏ธโ ๏ธ
Share this with friends who care about Canada-US relations ๐ฒ๐
#CanadaNews #Canada
@canada
๐น A massive new Pew Research survey of 42,151 adults across 36 countries shows Canadian trust in the U.S. has collapsed โ down from 83% in 2022 to just 35% in 2026 ๐๐ฑ
๐น Only 33% of Canadians view the U.S. favourably overall, down from 54% just two years ago โ the sharpest decline among all allied nations ๐บ๐ธ๐
๐น The drop reflects broader global concern about U.S. foreign policy direction and democratic health under the current administration ๐๏ธโ ๏ธ
Share this with friends who care about Canada-US relations ๐ฒ๐
#CanadaNews #Canada
@canada
๐2
๐ฐ๐จ๐ฆ BANK OF CANADA HOLDS RATE AT 2.25% AS OIL-DRIVEN INFLATION HITS 2.8%
๐น Governor Macklem held the policy rate steady for the 5th straight meeting on June 10 โ but warned consecutive rate hikes are on the table if oil prices stay elevated ๐โ ๏ธ
๐น Headline CPI jumped from 1.8% in February to 2.8% in April, driven by Brent crude surging to US$109/barrel amid Middle East tensions โฝ๐ฅ
๐น Core inflation measures remain stable around 2% โ Macklem says the Bank is "looking through" the energy spike for now but won't hesitate to tighten ๐ฆ๐ต
Save this for your next mortgage decision ๐ฒ๐๐จ๐ฆ
#CanadaNews #BankOfCanada
@canada
๐น Governor Macklem held the policy rate steady for the 5th straight meeting on June 10 โ but warned consecutive rate hikes are on the table if oil prices stay elevated ๐โ ๏ธ
๐น Headline CPI jumped from 1.8% in February to 2.8% in April, driven by Brent crude surging to US$109/barrel amid Middle East tensions โฝ๐ฅ
๐น Core inflation measures remain stable around 2% โ Macklem says the Bank is "looking through" the energy spike for now but won't hesitate to tighten ๐ฆ๐ต
Save this for your next mortgage decision ๐ฒ๐๐จ๐ฆ
#CanadaNews #BankOfCanada
@canada
โค5
๐ ๐จ๐ฆ CANADIAN CITY BUILDS 8 TINY HOMES IN 72 HOURS FOR HOMELESS YOUTH
๐น The Tiny Hope Project in St. Thomas, Ontario built 8 microhomes in just 72 hours using volunteers โ led by YWCA St. Thomas-Elgin with Sanctuary Homes and Doug Tarry Homes Ltd ๐๏ธ๐ช
๐น The goal is 40 affordable microhomes by summer 2026, prioritizing women, youth, and families on local housing and homeless waiting lists ๐ฏ๐จโ๐ฉโ๐ง
๐น In the region, 1 in 5 people live in poverty and about 100 youth are homeless on any given night โ making this project a lifeline ๐ขโค๏ธ
Share this inspiring story with your community ๐ฒ๐
#CanadaNews #housing
@canada
๐น The Tiny Hope Project in St. Thomas, Ontario built 8 microhomes in just 72 hours using volunteers โ led by YWCA St. Thomas-Elgin with Sanctuary Homes and Doug Tarry Homes Ltd ๐๏ธ๐ช
๐น The goal is 40 affordable microhomes by summer 2026, prioritizing women, youth, and families on local housing and homeless waiting lists ๐ฏ๐จโ๐ฉโ๐ง
๐น In the region, 1 in 5 people live in poverty and about 100 youth are homeless on any given night โ making this project a lifeline ๐ขโค๏ธ
Share this inspiring story with your community ๐ฒ๐
#CanadaNews #housing
@canada
๐ก๐จ๐ฆ QUEBEC CITY: THE ONLY CANADIAN CITY WHERE HOUSING GOT LESS AFFORDABLE
๐น A Royal LePage survey of 62 major cities found Quebec City is the ONLY one where affordability worsened โ mortgage costs climbed 1.6% since 2024 while everywhere else improved ๐๐ฎ
๐น Quebec City also posted the highest year-over-year home price increase for 8 consecutive quarters โ as buyers flee Toronto, Vancouver, and Montreal for cheaper markets ๐๏ธ๐ธ
๐น Royal LePage CEO Phil Soper says soft demand in major centres is pushing people to affordable regions โ but Quebec City's popularity is now eroding its own affordability edge ๐๐
Share with anyone house-hunting in Canada ๐ฒ๐๐จ๐ฆ
#CanadaNews #housing
@canada
๐น A Royal LePage survey of 62 major cities found Quebec City is the ONLY one where affordability worsened โ mortgage costs climbed 1.6% since 2024 while everywhere else improved ๐๐ฎ
๐น Quebec City also posted the highest year-over-year home price increase for 8 consecutive quarters โ as buyers flee Toronto, Vancouver, and Montreal for cheaper markets ๐๏ธ๐ธ
๐น Royal LePage CEO Phil Soper says soft demand in major centres is pushing people to affordable regions โ but Quebec City's popularity is now eroding its own affordability edge ๐๐
Share with anyone house-hunting in Canada ๐ฒ๐๐จ๐ฆ
#CanadaNews #housing
@canada
โค4