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.
EComm, the 911 emergency communication operator for most of the province, said in a statement that landline and cell service is unavailable in Lytton and for the areas nearby of Boston Bar and Spences Bridge, but Brach said the outage is believed to be unrelated to the fire.
The incident had closed Lougheed Highway between Rupert Street and Boundary Road, a major route for traffic. Emergency Health Services says the two patients were transported to hospital. It did not provide details on their condition.
In the U.N. health agency’s weekly review of the COVID-19 pandemic, WHO said there were 5.7 million new infections confirmed last week, marking a 6% increase. There were 9.800 deaths, roughly similar to the previous week’s figure.
Ottawa paused the random testing of vaccinated travellers entering Canada by air on June 11, while it worked on moving the tests themselves locations outside of airports. The government now says testing will resume as of July 19 for fully vaccinated travellers arriving at the Vancouver, Calgary, Montreal and Toronto airports.
"After a thorough and independent scientific review of the evidence, the department has determined that the vaccine is safe and effective at preventing COVID-19 in children between 6 months and 5 years of age," the department said in a statement.
In at least 44 per cent of the cases, benzodiazepine was detected, which the coroner says doesn't respond to naloxone and makes reversing an overdose very difficult. At least 940 people died from toxic drugs in B.C. between January and May, which is also a record number for the start of a calendar year.