The annual pace of inflation rose 4.4 per cent in April, marking the first increase since the rate peaked at 8.1 per cent in June of last year.
BMO senior economist Robert Kavcic says while the first big drop-down in inflation was quick and relatively easy, this next stage is proving to be quite a bit tougher.
He says it appears underlying core inflation is settling in around four per cent, which is clearly still too high for the Bank of Canada's comfort.
The Mounties were contacted around 8:30 p.m. on Monday, after someone noticed the statue had been vandalized, with the head having been removed. It is not yet known when the vandalism happened. It’s believed a power tool was likely used.
In a subcommittee hearing on Capitol Hill, House Republicans fanned the flames of an emerging fire-and-brimstone narrative about a "metastasizing crisis" of irregular migration along the world's longest international frontier.
To alleviate the pressure of rising grocery prices, the federal government has extended the GST rebate boost offered in the fall. The rebate, which will go to lower income Canadians, will deliver up to $234 to a single person and up to $467 to a couple with two children.
That benefit will be scrapped by June 2024. In its place, Tuesday's budget shows the Liberals are planning a government-administered insurance program, at a cost of $13 billion over five years beginning in fiscal year 2023-24.
At a March 20 meeting, Smyth took issue with a decision not to livestream advisory committee meetings about an official community plan or release committee members' CVs. Smyth said the move was done in a "very political way," something that was denied by Mayor Peter Jones who said it was a "practical approach" before ending questions.
Adrian Dix said in January that the government would be investigating why almost 10 per cent of prescriptions for the drug in B.C. were filled for American citizens. Dix said at the time that the dramatic increase in demand for the diabetes drug was partly because of social media "influencers" who spoke about its weight loss benefits.