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.
Federal Employment Minister Carla Qualtrough made the announcement in Charlottetown, where a skills-training company in the city — Workplace Learning PEI — is set to receive about $1.5 million.
Freeland is responding to a characterization of herself as a frustrating and difficult negotiator in a new memoir by Trump's son-in-law and senior adviser Jared Kushner. Freeland was the foreign affairs minister at the time and as such was Canada's chief negotiator in the talks.
Students, universities, immigration consultants and even the High Commission of India have raised concerns about delayed visas putting many students' studies at risk. The High Commission of India in Ottawa said in a statement it was talking to Canadian universities about what can be done to accommodate the large number of Indian international students who are still waiting for visas.
Mental Health and Addictions Minister Sheila Malcolmson has announced the project in the Vancouver Island community alongside Mayor Leonard Krog, and she says in a release that the aim is to provide services in existing supportive housing.
They include a 70-year-old man who police say was tackled to the ground, a 33-year-old woman who was punched in the face and a 23-year-old woman police say had been stabbed.
The downgrading of the fires comes as Environment Canada issues heat warnings for Whistler, Squamish, Sunshine Coast, East Vancouver Island and Inland Vancouver Island.
