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.
Lal was a student at Tamanawis Secondary School in Surrey and was an avid sports player. Taren was a loving son, older brother, friend, and role model to those around him. Taren was involved in the community through sports including wrestling, kabaddi, and weightlifting with hopes to join the police force in the future.
The organization said Wednesday that the new name applies immediately to its program for kids aged seven and eight. Current and former members chose "Embers" over "Comets" in an online vote conducted Nov. 29 to Dec. 13.
Trudeau begins the day with a keynote speech on the relationship between Canada and Mexico, easily the most overlooked bilateral dynamic on a continent far more seized with relations that involve the United States.
WestJet said six flights were delayed Wednesday morning because of the computer outage and none were cancelled, while Air Canada said the outage would have an effect on its transborder operations, but that it was not possible to determine the extent of the delays.
The multi-generational home renovation tax credit took effect Jan. 1 for expenses related to building a secondary suite for a family member who is a senior or an adult with a disability. The credit will provide a 15 per cent tax refund on expenses of up to $50,000 to a maximum of $7,500.
Beijing has now ended mandatory quarantine in hotels for arrivals from abroad, including returning tourists. But some in B.C. expect it could take months before Chinese tourism numbers are back to pre-pandemic levels, with flights still scarce heading into Chinese New Year on Jan. 22.
