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.
Edward Mills, one of the authors, said peginterferon lambda stands out as a potential "one-and-done" treatment for older patients, noting current options includemulti-dose infusions of monoclonal antibodies or the medication Paxlovid, which requires three pills repeated twice a day, for five days.
The motorcycle was travelling southbound on Douglas Road at the time of the crash, which is believed to have occurred at approximately 6:10 a.m. The hatchback was travelling eastbound on Laurel Street. The driver of the hatchback remained on scene. A 33-year-old motorcyclist was pronounced dead on scene.
Last month, the B.C. and federal government jointly announced the province is ramping up an early earthquake detection system in "high seismic risk areas." The national earthquake early warning system already has several hundred sensors overseen by Natural Resources Canada.
The government says its labour forecast helps businesses, post-secondary institutions, organizations and governments plan for the future. Selina Robinson, post-secondary education and future skills minister, says key growth areas for work will be in the technology and health-care sectors.
Defence Minister Anita Anand and Economic Development Minister François-Philippe Champagne are joining forces in the U.S. capital, selling the idea that Canada's nascent critical minerals industry makes it an ideal partner in fortifying a North American defence industrial base.
Immigration minister Sean Fraser has argued that a boost to immigration is necessary to address labour shortages and Canada's aging population. The Desjardins analysis finds Alberta, Saskatchewan and Manitoba would see the most GDP growth rate boost among provinces.