Darpan News Desk The Canadian Press, 26 Apr, 2023 01:38 PM
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.
RCMP is still investigating the circumstances, however there are early indications the shooting was targeted and may have involved several suspects who fled the area. Investigators are still gathering details from witnesses who were at the home at the time of the shooting.
The Canada Border Services Agency says the two countries are exploring "shorter-term measures" to shrink a backlog of applications. At the Thousand Islands crossing between Ontario and New York, in-person Nexus interviews are being conducted separately by U.S. and Canadian agents on opposite sides of the border.
The idea, which is expected to cost a total of $20 million a year, has already received significant criticism from more than two dozen people speaking against the motion at an earlier meeting.
A statement from the Prince Rupert detachment says the 44-year-old man had been in critical condition following the attack on the unnamed woman at a local mall early Monday. The 52-year-old victim died before she could be taken to hospital.
Six of the farms are in Abbotsford and one is in Chilliwack, in the Fraser Valley, the same area where more than 17 million birds were culled in 2004 when avian flu swept through numerous farms. The ministry says producers within a 10-kilometre radius have been notified and all infected farms have been placed under quarantine by the Canadian Food Inspection Agency.
Via release, the suspect is described as a South Asian or dark-skinned male, 25-30 years old with a short beard, large nose, large lips, and approximately 5'8” to 6’ tall. He was wearing a black puffer jacket, red t-shirt, black jeans, black shoes, black toque with a brown bobble on top, and with Airpods in his ears.