Thursday, December 11, 2025
ADVT 
National

Annual pace of inflation rose in April

Darpan News Desk The Canadian Press, 16 May, 2023 10:10 AM
  • Annual pace of inflation rose in April

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. 

MORE National ARTICLES

B.C. sets record, delivers 350,000 surgeries last fiscal year, health minister says

B.C. sets record, delivers 350,000 surgeries last fiscal year, health minister says
The ministry says 99.9 per cent of the nearly 15,000 patients whose scheduled surgeries were postponed in the first wave of the pandemic in 2020 have had procedures if they still wanted them.

B.C. sets record, delivers 350,000 surgeries last fiscal year, health minister says

Coyote killed after attack on two-year-old child in Port Coquitlam, B.C., park

Coyote killed after attack on two-year-old child in Port Coquitlam, B.C., park
 The B.C. Conservation Officer Service says on Twitter that the attack happened Wednesday after 8 p.m. at Lions Park near the town centre. The service says the public should not feed dangerous wildlife under any circumstances, and violators will incur "enforcement action as warranted." 

Coyote killed after attack on two-year-old child in Port Coquitlam, B.C., park

Former NDP minister joins BC United

Former NDP minister joins BC United
Harry Lali, who was a transportation and highways minister in the late 1990s for the New Democrats, says the N-D-P is now an urban interest party with little focus on issues and challenges facing rural communities.

Former NDP minister joins BC United

Drugs, guns, counterfeit cash seizure: Metro Transit Police

Drugs, guns, counterfeit cash seizure: Metro Transit Police
Police say they seized 10 firearms, 38-hundred rounds of ammunition, illicit drugs, 50-thousand-dollars in counterfeit cash, and a Mercedes believed to have been purchased using criminal proceeds.  

Drugs, guns, counterfeit cash seizure: Metro Transit Police

Finance Minister Chrystia Freeland in Japan

Finance Minister Chrystia Freeland in Japan
Finance Minister Chrystia Freeland is in Niigata, Japan for a G-7 finance ministers' meeting that will discuss ways to support Ukraine and pressure Russia to end the war. Ukraine's finance minister is taking part online in the first session.

Finance Minister Chrystia Freeland in Japan

Indian authorities aim to have Canadians sent to face charges in border deaths

Indian authorities aim to have Canadians sent to face charges in border deaths
Chaitanya Mandlik, deputy commissioner of police for Ahmedabad's crime branch in the state of Gujarat, said authorities are looking to send Vancouver residents Fenil Patel and Bitta Singh, who also goes by Bittu Paji, to face charges in India. 

Indian authorities aim to have Canadians sent to face charges in border deaths