A. Q.  Mufti

A. Q. Mufti

Sales Representative

RE/MAX Real Estate Centre Inc., Brokerage*

Email Me
A. Q.  Mufti

A. Q. Mufti

Sales Representative

RE/MAX Real Estate Centre Inc., Brokerage*

Email Me

Inflation cools in February, falling to 5.2%: Statistics Canada

March 23, 2023


The latest news from Statistics Canada shows that inflation in February fell to 5.2%, a decrease from the previous month's 5.4%. The easing of inflation is largely attributed to lower energy prices and while grocery prices, in general, remained high, the growth in prices for other food items slowed down on a year-over-year basis in February compared to January, which includes non-alcoholic beverages (+11.1%), meat (+6.2%), vegetables and vegetable preparations (+13.9%), and bakery products (+13.9%).


This news comes at a time when the Bank of Canada is keeping a close eye on inflation and considering its next move on interest rates. The central bank has already made eight consecutive interest rate increases in 2022, bringing the key overnight rate to 4.5%. However, in its latest announcement in March 2023, the bank decided to hold the rate steady, signalling that it may take a more cautious approach to further rate hikes.


Experts suggest that this pause on interest rate increases could last throughout 2023, as the Bank of Canada closely monitors how the economy responds to its policy moves so far.


If inflation were to continue to rise, the bank may consider raising interest rates again to cool the economy and prevent further inflation. However, if inflation continues to ease, as it did in February, the bank may decide to hold off on any further rate increases to promote economic growth.


The Bank of Canada's decision on interest rates has a ripple effect throughout the economy. If interest rates increase, it becomes more expensive for Canadians to take out loans, which can lead to decreased spending and economic growth. On the other hand, if interest rates remain low, borrowing becomes more affordable, which can stimulate economic activity and encourage spending.


Overall, the latest news of a decrease in inflation is a positive sign for the Canadian economy, and it may give the Bank of Canada some breathing room as it considers its next move on interest rates. The bank needs to take a cautious approach and carefully weigh its policy decisions to ensure continued economic growth and stability.



Professionals have the expertise, knowledge, and experience in their respective fields, which allows them to provide innovative and effective solutions to problems that individuals might not have thought of themselves. Seeking the assistance of a professional can often lead to better outcomes and help individuals achieve their goals more efficiently and effectively.


I will be glad to receive your call at your earliest convenience at my direct telephone 416-908-5600 to discuss your individual needs, goals and objectives and find a tailor-made solution accordingly.


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A glance at my achievements and passion;

  • Realtor
  • Former Member of Toronto Real Estate Board (TREB) Committee
  • Certified Project Management Professional (PMP)
  • Master Degree in Geography
  • Past Project Manager
  • Past IT consultant
  • Queen's Diamond Jubilee Medal
  • Gold Medal of Excellence for Human Rights
  • Community award for dedicated community services
  • Member of Mississauga mayor’s Diversity Advisory Committee
  • Chair - Family Day Walkathon, raising $250K for a local hospital
  • Member of Halton District School Board's Education Committee
  • Member of Halton Region Police MFST
  • Former Member of Peel Region Public School Council
  • Former Scouts Canada leader
  • Former Team Captain of Cancer Society’s Relay for Life
  • Former Board member of an international relief organization
  • Column writer
  • TV Panelist on current affairs

RE/MAX has more than 100,000 agents in more than 95 countries agents and sells more real estate than any other Canadian brand.

At RE/MAX Real Estate Centre Inc., I’m here to provide you, your family, and friends with exceptional services for your real estate needs including Residential, Commercial, and Agri/Farm Business.

RE/MAX Real Estate Centre Inc. operates out of 17 locations with approximately 920+ trained real estate professionals. 10,852 properties were sold and 105,144 appointments were scheduled in 2017 alone!

With my background in IT and Project Management and, over the several years, contributing to many charitable/not for profit organizations as a board member, I bring professionalism, ethics, sincerity, and I strive for excellence.

If you are looking for a new place to live or do business and want to sell and/or buy your next home and/or business, I would be delighted to help you achieve your goals.
I am not looking for short term gains, rather long term relationships, with the sole focus of finding solutions that best meet your needs.
I truly believe you are my best promoter when you tell others that you have received:

  •  My dedicated attention
  •  Best promotion
  •  Strong negotiation skills
  •  Taking care of critical facts
  •  Eye on items normally ignored
  •  Awareness of Market Trends
  •  Open discussion of the pros and cons

I am available during weekdays and weekends and would meet or pick up the phone personally or return your call at a time convenient for you.

You may reach me directly by calling 416-908-5600 or send me an email at your convenience at info@aqmufti.com.

I look forward to hearing from you soon.

Wishing you and your family all the fun and enjoyment.

Designation: Realtor, MSc, PMP, ABR, SRS, CNE

Education: MSc

Specialty: Buy, Sell, and Rent Residential, Commercial, and Agricultural Properties

Awards: Certified Project Management Professional(PMP), Master Degree in Geography, Past IT consultant, Project Manager, Queen's Diamond Jubilee Medal Gold Medal of Excellence for Human Rights, Community award for dedicated community services Award, Member of TREB Members Communications Committee, Member of Mississauga mayor’s Diversity Advisory Committee, Former Scouts Canada leader, Former Team Captain of Cancer Society’s Relay for Life, Member of Halton Region Equity and Inclusive Education Committee

Area Covered: GTA and beyond including Waterloo, London, Oxford, Woodstock, Niagara, Thorold

Languages Spoken: Arabic, English, Hindi, Punjabi, Urdu

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