Darpan News Desk The Canadian Press, 25 Oct, 2023 09:38 AM
The Bank of Canada is keeping its key interest rate at five per cent, saying there are clearer signs that monetary policy is moderating spending and relieving price pressures.
But it hasn't ruled out future rate hikes as those pressures remain high.
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Burnaby R-C-M-P say the crash happened at 1:50 p-m near Imperial Street and Patterson Avenue, when an eastbound car veered onto the sidewalk and hit the 19-year-old victim. The victim remains in hospital in serious condition, and police have ruled out impaired driving as a factor.
Police say the incident happened at around 1:30 p-m, when a black S-U-V driving southbound near the 3600 block of 152 Street struck another southbound car, left the road, and went into the Nicomeki River.
Dozens of firefighters battled the two-alarm fire this morning at a house that was under construction. Fire officials say flames about 20-feet high were coming from the roof.
Richmond R-C-M-P are investigating after a 67-year-old woman was assaulted by two suspects. Police say her home was also ransacked in last month's attack.
Abbotsford police have released video showing more than 10 people using axes, swords and baseball bats to destroy multiple cars at a home in the city. Video released by the department depicts the incident, which happened around 1 A-M on Saturday.
A 40-year-old man from Kamloops has been charged with kidnapping, forcible confinement, assault with a weapon and use of an imitation firearm, while a 42-year-old man from Vernon faces the same charges, except assault.