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.
In the summer of 2021, the Coquitlam Drugs and Organized Crime Unit (DOC) initiated a proactive project call ENEVERMIND, targeting several known drug traffickers working within the Tri-Cities. 5 suspects ranging in age from 20 to 46 years old, were arrested without incident during the execution of the search warrants.
To help those impacted by these catastrophic earthquakes, Surrey based radio station CKYE 931 is doing a fundraiser on Feb 16, 2023. Funds raised will benefit the Canadian Red Cross.
On Tuesday, Police received a report of a man believed to be following a group of walkers and another report of a man performing an indecent act. In both instances, the man was described as Caucasian, 17 to 25-years-old with a slim build and dirty blonde hair.
Ottawa has offered more than $46 billion to provinces and territories to augment the Canada Health Transfer but the country's premiers say they're "disappointed" with the amount.
Rep. Brian Higgins is asking Secretary of State Antony Blinken to officially object to Canada's new federal tax on underused, foreign-owned housing, which is coming due in April. The one per cent levy applies to certain foreign non-resident owners of Canadian property located in areas with a core population of at least 10,000 people.
Justice Mary Newbury writes that the lower-court ruling was "tainted" in several ways, including by failing to link Hells Angels' efforts to avoid criminal detection with the club's demonstrated “penchant for secrecy” and “preoccupation with rats and snitches."