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.
The RCMP says it has opened an investigation into possible violations of the Security of Information Act concerning recent media reports about alleged foreign interference. In a statement to The Canadian Press, the national police force says the probe is not focused on any one security agency.
The Vancouver Police Department says in a news release that officers responded to a home near Boundary Road and East 45th Avenue after receiving reports about a man being stabbed around 10 p.m. Friday. Police say they found 22-year-old Caleb Morin, who was taken to hospital and later died of his injures.
The woman has been identified by family members as Kiara Agnew from Dawson Creek, B.C. Mexican prosecutors have confirmed the woman was found dead Friday, adding he is in custody and possible charges are being considered.
The Avalanche Canada website says both events happened Saturday and each one involved a fully buried skier who was saved because of the quick work of others in their group. Both victims had to be airlifted to hospital after smashing against trees and suffering various injuries while being swept along by the snow.
The victim has been identified as 55-year old Surinderjit Singh of Maple Ridge. Mr. Singh’s death is not believed to be related to the Lower Mainland gang conflict. Initial evidence suggests that Mr. Singh arrived at the location at approximately 9:30 p.m. on Friday.
The city says in a statement that the living wage rate for 2023 would have gone up more than 17 per cent to just above $24 per hour, immediately influencing its pay structure. A statement posted by the group Living Wage for Families calls Vancouver's decision "incredibly disappointing."