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 Integrated Homicide Investigation Team (IHIT) has released a sketch of the suspect in Guildford shooting. Officers attended the scene and located two men associated to a taxi suffering from gun shot wounds.
In a statement today, Richard Wagner says Michelle O'Bonsawin has proven herself to be principled, authentic and hard-working throughout her career as a lawyer and judge. Prime Minister Justin Trudeau nominated O'Bonsawin earlier this month and on Friday confirmed her appointment to the top court effective Sept. 1.
Mood Cannabis Co. chief executive Cory Waldron says he had to lay off 90 per cent of staff at his two Nanaimo stores because they weren't receiving deliveries from the BC Liquor Distribution Branch.
Coleman is hoping to lead the new Elevate Langley party into municipal politics after first being elected as a B.C. Liberal member of the legislature in 1996. He was last in the public eye in May, when he was called for a second time to testify at an inquiry into money laundering via casinos in B.C. when he was gaming minister.
It has provided no details about what happened on the Coastal Inspiration, which sails between Duke Point and Tsawwassen, but says availability of crew is also a factor in significant delays that could affect 10 sailings.
The BCGEU set up pickets outside liquor distribution warehouses last week and this week began banning overtime in a bid to pressure the province to return to the bargaining table.
