The Bank of Canada says it feared being too slow to react to sticky inflation ahead of the decision to keep its key interest rate steady earlier this month.
In its summary of deliberations, the central bank says it considered raising interest rates from the current 4.5 per cent.
The Bank of Canada appears confident that inflation will fall to three per cent by mid-year.
But it's concerned that the return to two per cent inflation may take longer as the cost of services remains elevated.
Mounties seized approximately 36 pounds of crystal methamphetamine, 4 kg of pure fentanyl, more than 700 pounds of marihuana bud, approximately $20,000.00 in cash, and a cache of precursor chemicals for the production of fentanyl.
On January 11th, a West Vancouver woman in her 30s was arrested by investigators for Fraud over $5000. Its is alleged the employee was hired by a local business in North Vancouver. During her employment from June to September 2021, it is alleged she made several large refunds to her personal credit cards.
Without records documenting the genocide of Indigenous Peoples, special interlocutor Kimberly Murray said, "deniers will continue to deny" and future generations could be led to forget. Survivors of the residential institutions have a "right to know," Murray told a national gathering on unmarked burials in Vancouver on Tuesday.
Clark says a 26-year-old man, a 25-year-old woman and an eight-day-old infant were killed in the passenger vehicle, while a two-year-old child survived and is expected to recover from their injuries. The only person in the pickup was treated for minor injuries at the scene.
The insurance corporation says in a news release that Nicolas Jimenez has been with them for almost 20 years. Board chair Catherine Holt says Jimenez has made many contributions during his tenure, including the “remarkable transformation” of the public auto insurer.
The British Columbia government is promising up to $90 million over three years to support new industrial and manufacturing projects in communities hurt by the downturn in the forestry industry. Premier David Eby made the announcement in Prince George, where Canfor Pulp Products said last week it was closing the pulp line at its mill, eliminating 300 jobs by the end of the year.