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.
Pictures of the damaged landmark – a tourist attraction at the corner of Cambie and Water Street – began circulating on social media Saturday night, showing shattered glass on the side of the historic clock. Vancouver Police have now launched an investigation to determine if someone intentionally damaged the clock.
Mental Health and Addictions Minister Sheila Malcolmson said concerns about the potential negative impact of the proposed legislation put forward in July 2020 led the province to consult further with First Nations, families, health-care experts and drug users.
A statement from B.C.'s Agriculture Ministry says the flock has the highly infectious H5N1 virus and has been placed under quarantine by the Canadian Food Inspection Agency.
Few details were released about what happened on the campus located on the Point Frederick peninsula, where Lake Ontario meets the St. Lawrence River, but the government department said the incident occurred around 2 a.m. Friday.
A statement from the Ministry of Public Safety and Solicitor General says changes to the Disaster Financial Assistance program will increase benefits to those in need and pay some expenses right away, rather than waiting until all the bills have been submitted.
Moderna Canada President Patricia Gauthier said Friday the company sent an application to the Canadian vaccine regulator late Thursday for a vaccine to protect children between six months and five years old.
