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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The return to work comes at a fraught time for public transit in the national capital region, where the federal government has a majority of its offices. An ice storm that hit Ottawa on Jan. 4 caused the city's light rail transit system to partially shut down for six days.
The House of Commons industry and technology committee is planning to initiate another study of the proposed Rogers-Shaw merger. Conservative MP Rick Perkins and New Democrat MP Brian Masse confirmed that the committee plans to meet on Jan. 25 to review the proposed $26 billion transaction.
The influenza outbreak that resulted in the deaths of six young people in British Columbia last month is on the decline, but the provincial health officer says the flu season is far from over. Dr. Bonnie Henry says there have been no reported deaths of young people since last month when the province experienced an unusual spike of flu-rated cases during November and December.
The break and enters all occurred in March of 2022, three of the four having taken place on the same day. At approximately 3:29 am on March 21, 2022, a suspect allegedly broke into a store in the 9200 block of Alderbridge Way and stole approximately $ 2500.00 in merchandise.
8 people were arrested inside the residence at the time the search warrant was executed. One person was held in custody for breach of probation and the others were released pending further investigation.
In November, the federal Liberal government announced a new immigration plan that would see Canada welcome 500,000 immigrants per year by 2025. A record-breaking 431,645 people became permanent residents in 2022.
