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.
B.C. Premier David Eby says the province wants to remain "in sync" with West Coast American states and he's "very much looking forward to getting rid of daylight saving time." B.C.'s time change at 2 a.m. Sunday morning may be its last.
Vancouver Police are releasing video of recent purse thefts in highly populated businesses in the downtown core to illustrate how easily this crime can happen. The following incidents have been reported since January, and investigators believe that the same person is responsible for all.
Provincial health officer Dr. Bonnie Henry says the next round of boosters will target people at the "highest risk" of severe illness. That includes people aged at least 80, Indigenous people aged at least 70 and long-term care residents.
The government has been under intense scrutiny in recent weeks over allegations in media reports that they did not act when they were warned China was trying to interfere in the last two federal elections. The reports by Global News and the Globe and Mail newspaper cite unnamed security sources and leaks of highly classified documents.
Joly said Canada has been pushing China to expand its talks with Russia to include Ukraine, while South Africa's envoy urged Canada to instead support a settlement to the war. She was speaking at a public discussion on multilateralism with Norwegian Foreign Affairs Minister Anniken Huitfeldt in Ottawa.
The company has said the test applied to news of all kinds, including content created by Canadian broadcasters and newspapers. The test will end on March 16.
