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.
Freeland has committed to doubling the number of homes built each year over the next decade to about 400,000 to help meet the 3.5 million homes the government estimates are needed by 2031, but the plans rely heavily on co-operation with other levels of government and the private sector.
The scheme laid out in the budget is a major tenet of the Liberal’s confidence and supply agreement with the NDP to keep the government in power until 2025. The budget closely mirrors the opposition party’s costed platform proposal from the 2021 election, though details about how it will work are still sparse.
Ravi Kahlon, minister of jobs, economic recovery and innovation, says the university is among those to get $1.2 million in funding that will be used to help build a 783-bed housing and dining facility set to open in September.
A Health Ministry bulletin says the weekly reports will focus on identifying meaningful changes in key COVID-19 measurements and trends over time. It also says that reporting on deaths is changing to count all deaths that occurred within 30 days of the person's positive lab result, regardless of whether the underlying cause of death was found to be linked to COVID-19.
Kevin Falcon, the leader of the BC Liberals is back into the political arena after a decade long hiatus. Find out more on his perspective regarding affordability, housing, vision for his party and much more.
The passenger in the vehicle, who was the victim of this alleged assault, was actively trying to exit the vehicle, and get the attention of other motorists by using hand signals and calling out for help. The victim is described as having short dark hair and wearing a red sweatshirt, black jacket, and blue jeans at the time of the assault.
