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.
Anand says Ottawa has already committed almost $40 billion towards that end, and the result will be "a new northern-approach surveillance system" that will detect threats farther and farther north to protect Canadian sovereignty in the Arctic.
The victim and a friend were crossing West 4th Avenue at Arbutus Street around 11:30 p.m. June 19, 2022 when he was struck and killed. The driver failed to stop or offer assistance.
Patrick Doyle — credited with having the Midas touch after transforming Domino's lagging sales into meteoric growth — told investors during a wide-ranging conversation on Wednesday that each of the company's brands is positioned for momentum and growth.
A letter from Surrey, B.C., MP Randeep Sarai says he has met with truckers who have complied with the new measures but still find it unreasonable and worry about the requirement to replace more vehicles from their fleets down the road.
The filing deadline of April 30 falls on a Sunday this year, so Canadians have until May 1 to finish filing their taxes. But a looming strike for CRA workers may be on the horizon. In the fall, the CRA said about $1.4 billion in uncashed checks was sitting in its coffers.
Extreme cold or Arctic outflow warnings are posted for the central and north coasts, Chilcotin and Peace River areas and the southeastern corner of B.C. Metro Vancouver and the south coast could expect snow this weekend, as models show five to 10 centimetres possible over Metro Vancouver by Sunday.