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.
The committee launched a study of the Russian military buildup at the border with Ukraine shortly before Moscow chose to invade the country a year ago. Since then, Ottawa has sanctioned hundreds of people linked to Russia's war effort, as well as officials accused of human-rights breaches from Haiti to Sri Lanka.
Search and rescue crews were notified when the victims were reported overdue and their bodies were later recovered from the scene of the avalanche. Avalanche Canada says the area of the slide was highly wind-affected, leaving some parts of the slope thin and rocky, while other sections had up to 130 centimetres of snow.
It's the largest one-year drop in the rate since 2000, but one in eight children were still living in poverty, and the report says rates were "dramatically higher" among children living on First Nation reserves and those who recently immigrated.
The federal government has offered to match up to $10 million in donations to the Canadian Red Cross for their partners on the ground to help people who are suddenly homeless. Conservative, Bloc Québécois and New Democrat MPs want to see that expanded to include other groups, an idea that is supported by at least one Liberal MP, Sameer Zuberi.
Saad Zora says his twin sister Samar was found earlier today by searchers as an excavator dug through pieces of a five-storey building in the city of Antakya. He said, "Samar was found," and added, "she didn't make it."
Three separate objects were blown out of the sky in as many days over the weekend, a flurry of close encounters that followed what U.S. officials say was a Chinese surveillance balloon that floated across the continent two weeks ago.