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 driver of the second transport truck, a man from Winnipeg, was trapped and died as a result of the collision. The co-driver in the second transport truck, also a man from Winnipeg, extricated himself from the cab but not before sustaining serious, life-threatening injuries.
South-Asians and Chinese people also had higher mortality rates than non-racialized people. The study also found a person’s socioeconomic situation played a role in COVID-19 deaths. People in low income, overcrowded housing and apartments had higher odds of dying from COVID-19.
Darpan Cruiser In Your City brings you highlights from some incredible events that took place over the weekend. The events featured the best of what the Lower Mainland has to offer in terms of entertainment, culture, music and much more.
A video circulating online over the weekend shows Finance Minister Chrystia Freeland arriving inside City Hall in Grande Prairie, Alta., on Friday, and then being confronted by the man while she approached and entered an elevator.
Champagne, who was in Florida for a two-day trip that included meetings with Canadian astronauts and NASA officials, got up at 1:30 a.m. to head to the launch pad in Cape Canaveral only to see the mission delayed. Canada is contributing a new robotic arm, the Canadarm 3, to the Gateway space station that NASA eventually plans to put in orbit around the moon.
A statement from BC Emergency Health Services says in response to questions about the death in Barriere that it received a call to respond to a patient at a home in the community north of Kamloops on Thursday. It says the closest available ambulance was immediately dispatched, and local firefighters were also requested to assist with the call.
