Darpan News Desk The Canadian Press, 01 Sep, 2023 11:01 AM
The latest G-D-P report showing the economy contracted at an annualized rate of 0.2 per cent in the second quarter may signal an end to the Bank of Canada's rate hiking campaign.
Economist Tu Nguyen (WIN) at R-S-M Canada says the cooling economy should be enough evidence for the central bank to forgo further rate hikes unless there is another major external shock that sends inflation upward.
She says this is the first time since the early days of the pandemic that spending on services did not grow, which is a powerful sign of a cooling economy.
Auditor general Karen Hogan says in the report that Via Rail and the Canadian Air Transport Security Authority have made accessibility improvements over the last several years, but serious gaps still remain.
The NDP had called on the federal government to extend the measure. In the lead up to the budget, Finance Minister Chrystia Freeland has promised targeted inflation relief for low-income Canadians.
The stay at the Corinthia London hotel became the subject of public debate last fall when media honed in on the details of the $400,000 trip, after obtaining documents through access-to-information requests.
Indigenous Services Minister Patty Hajdu told a crowd in Kamloops, B.C., that the nation has led the way in opening the eyes of the country to the truths that were always known to Indigenous Peoples.
The college has been training B.C.'s veterinarians for five decades, and she said the multi-year funding boost will give students "certainty," while addressing the need to train and retain vets in communities essential to B.C.'s food security.
A statement from the office of Fisheries Minister Joyce Murray says her decision last month against renewing the licences for the farms off Vancouver Island near Campbell River was difficult but necessary.
