The Bank of Canada has lowered its overnight rate target to 4.75%, with the Bank Rate at 5% and the deposit rate at 4.75%. They are still working on normalizing their balance sheet.

In the first quarter of 2024, the global economy grew by about 3%, matching the Bank's predictions. The U.S. economy grew slower than expected due to weak exports and inventories. In the euro area and China, the economy grew more than anticipated, although China's domestic demand was still weak. Inflation in advanced economies is decreasing, but progress is uneven. Oil prices and financial conditions have remained stable since April.

In Canada, the economy grew by 1.7% in the first quarter of 2024 after stalling late last year, though this was slower than…

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Moving to Edmonton: Embrace the Best of Alberta’s Capital

Are you considering a move to a vibrant, welcoming city that offers a perfect blend of urban living and natural beauty? Look no further than Edmonton, Alberta's capital. Known for its stunning river valley, thriving arts scene, and robust economy, Edmonton promises a high quality of life and a host of opportunities. Here are some of the most attractive aspects of Edmonton that might make it your next ideal home.

1. Affordable Living
Edmonton boasts a relatively low cost of living compared to other major Canadian cities. Housing is more affordable, with a range of options from modern downtown apartments to spacious suburban homes. Lower utility costs and the absence of provincial sales tax make…

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Moving from Ontario to Alberta: A Comprehensive Guide

Relocating from Ontario to Alberta is a significant decision that involves various considerations, from cost of living and employment opportunities to lifestyle and climate differences. This guide answers common questions people have when planning such a move, helping you make an informed decision.

1. Cost of Living

Q: How does the cost of living in Alberta compare to Ontario?

  • Housing: Generally, housing costs in Alberta are lower than in Ontario, especially compared to major cities like Toronto. Cities like Calgary and Edmonton offer more affordable real estate options.
  • Utilities and Groceries: Utilities tend to be slightly cheaper in Alberta due to lower energy costs.…

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