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.
The victim was crossing Cambie Street at West 41st Avenue at 9 a.m. on February 14 when she was struck by a flatbed transport truck that was making a right turn to head south on Cambie. She sustained serious injuries, and remains in hospital.
On Wednesday close to 12:45pm, Police responded to a report of what appeared to be human remains found in a wooded area on an empty lot in the 19000-block of Fraser Highway. Police are working to identify the deceased individual.
Member states, including Canada, first agreed in 2014 to "aim" toward spending two per cent of their GDP on defence over the next decade following Russia’s invasion of Ukraine’s Crimean Peninsula.
Premier David Eby says the latest deferral shows logging of the ancient trees is now at the lowest level on record. He says the government is introducing a $25 million, eight-point forest planning table that aims to improve old-growth management by incorporating local knowledge and community priorities.
Kenneth David MacKay was found guilty of first-degree murder for the killing of 21-year-old Crystal Paskemin in 2000. He received a life sentence with no chance of parole for 25 years.
Police say 20 snow geese were found dead on a street on Monday and they appeared to have been driven over by a vehicle. On Wednesday, three more geese were killed after being struck by a different vehicle.
