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.
A senior government official who spoke on the condition of anonymity to discuss matters not made public says no decision has been made. Under the soon-to-expire rules, foreign nationals are typically not allowed to travel to Canada unless they have completed a primary series of an approved COVID-19 vaccine, unless they qualify for an exception.
On Tuesday morning at 9:25 a.m, Surrey RCMP, received a reported of a person passed out in a running vehicle in the 8800-block of 127 Street. First responders arrived on scene and located an injured person who was unresponsive. Despite lifesaving efforts, the man did not survive.
If granted royal assent, Bill C-31 would provide qualifying families with children under the age of 12 with up to $650 per child each year to pay for dental care services. Families with a household income under $90,000 need to provide the Canada Revenue Agency with the name of their licensed dental-care practitioner and the month of the planned appointment.
The lumber producer says it is taking a two-week curtailment starting Sept. 26 at the majority of its solid wood facilities in B.C. Production will resume with reduced operating schedules until the end of the year.
A statement from Vancouver police says the three-year-old and his mother were found near Calgary early Tuesday. Police say the boy is now receiving care and his mother has been arrested.
A B.C. Supreme Court jury convicted Aydin Coban last month of extortion, harassment, communication with a young person to commit a sexual offence and possession and distribution of child pornography.
