According to officials, this level is only slightly lower than the historic highs of 208.66 metres in 2023 and 207.49 metres in 1978. Forecasts suggest that the river may rise further to 207.48 metres by 8 AM on September 4. A slight decline is expected after that, but the situation remains precarious.
From groceries and fertilisers to footwear, textiles, and even renewable energy, a broad basket of goods and services is set to become more affordable. Items earlier taxed at 12 per cent and 28 per cent will now largely migrate to the other two slabs, making a wide range of products cheaper.
The union says talks over a new contract broke down in July, after the expiry of the previous contract on March 31. It says it's seeking improved wages as staff battle an affordability crisis.
The assembly is expected to focus heavily on the federal government's major projects legislation, as it's the first time all chiefs have gathered since the bill passed in June.
The University of Prince Edward Island also welcomed its first medical students this week as a regional campus of Newfoundland and Labrador's existing program at Memorial University. York University in Toronto and Simon Fraser University in Surrey, B.C., will also open new medical schools in the coming years.
