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 succession from the Queen to her eldest son Charles is automatic, without any disruption to governing bodies that sit in her name or to legislation, oaths and other legal documents issued in her name. "The phrase 'The Queen is dead, long live the King!' applies here and in the U.K."
Rohit has not gone missing before and all attempts to contact him has been negative. Police and family are concerned for his well-being. Rohit is described as South Asian male, 5’7” tall, 141 lbs, with a black beard and balding black hair. His last known clothing description is unknown.
With the death of Queen Elizabeth II announced Thursday, Charles is set to take over as Canada's new head of state. Most recently, Charles and his wife, Camilla, travelled to Canada in May as part of the celebrations of the Queen's platinum jubilee. The three-day tour was focused on climate change, literacy and reconciliation efforts with Indigenous peoples.
Queen Elizabeth II, the longest-serving British monarch and Canadian head of state, has died. She was 96. Buckingham Palace announced her death in a statement.
Police say the suspect is in the area and is described as dishevelled. He has curly, black hair and light skin and was wearing a dark hoodie and grey shirt. They say he is considered dangerous and should not be approached.
A massive four-day manhunt came to an end north of Saskatoon Wednesday as RCMP took into custody Myles Sanderson, a suspect in a deadly mass stabbing rampage. Sanderson was found near the town of Rosthern, Sask., RCMP said, after officers responded to a report of a stolen white Chevrolet Avalanche being driven by a man armed with a knife.
