Consumer Price Index rose 2.3% year over year in March

ShaziaLocal News

Ottawa – The Consumer Price Index (CPI) rose 2.3% year over year in March, following an increase of 2.6% in February. The year-over-year slowdown in the all-items CPI was driven by lower prices for travel tours and gasoline in March. Excluding gasoline, the CPI rose 2.5% following a 2.6% increase (excluding gasoline) in February. Moderating the slowdown was the end of the temporary break on the …

Ontario Investing in Critical Infrastructure to spur economic growth

eAwazLocal News

Province supporting municipal water projects to help build more housing MISSISSAUGA — The Ontario government is investing $200 million over three years to help municipalities repair, rehabilitate and expand critical drinking water, wastewater and stormwater infrastructure. The new funding will support the province’s rapidly growing population, unlock more housing opportunities and spur economic growth. “We have heard time and time …

Ontario’s 2023 Fall Economic Statement supports growth in province

eAwazLocal News

TORONTO — Minister of Finance Peter Bethlenfalvy released the 2023 Ontario Economic Outlook and Fiscal Review: Building a Strong Ontario Together. This update continues the government’s responsible, targeted approach, providing the flexibility needed to help address ongoing economic uncertainty and build critical infrastructure in growing communities while laying a strong fiscal foundation for future generations. Ontario is seeing significant growth, with …