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.
A statement from Castlegar RCMP says the crash happened Thursday as the 18-year-old woman and 15 other Quebec students were aboard the bus while taking part in the program at the nearby college.
No suspects have been identified but a silver four-door Infiniti was spotted leaving the area and police are determining if a burning car found a short time later about five kilometres away could be connected.
The new hospital will have 168 beds, a surgical/perioperative suite with five operating rooms, four procedure rooms, an emergency department with 55 treatment spaces, and virtual care options in all clinical service areas.
While the investigation is in its early stages, this incident does appear to be targeted and there does not appear to be any ongoing risk to the public. The victim is known to police. Traffic in the area of Patterson Avenue and Hurst Street will likely be affected for several hours due to the ongoing investigation.
The agreement, reached between Canada, the Assembly of First Nations and plaintiffs in two class-action lawsuits, also accounts for the federal government's narrow definition of Jordan's Principle. It was designed to ensure jurisdictional squabbles over paying for services for First Nations kids does not get in the way of those services being provided.
The minister made the comments at a news conference announcing the government is seeking proposals to build a new hospital and cancer centre in Surrey. Dix says there are currently no immediate plans to return to a provincewide mask mandate.
