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.
Finance Minister Chrystia Freeland said Tuesday she will deliver this year's spending plan on April 7. Freeland has said the document would be focused on spurring economic growth. The budget will be the first since September's federal election that saw the Liberals returned with their second minority mandate.
The interim suspension order, effective March 24 but posted on the college's website on Monday, affects Dr. Stephen Malthouse, a family practitioner on Denman Island.
Karina Gould says the legislation would also put into law the principles that provinces and territories agreed to in funding agreements, including to cut parent fees and create more spaces.
There are 288 individuals hospitalized with COVID-19 and 48 are in intensive care. In the past 72 hours, six new deaths have been reported, for an overall total of 2,989.
Prior to the talks with Russia, Zelenskyy also said he was open to compromise on the future of Ukraine's eastern Donbas region, which the Kremlin has claimed as its territory and where eight years of fighting prior to the recent Russian invasion left 14,000 dead.
Applications opened March 17 for a program to allow an unlimited number of Ukrainians fleeing war in their home country to come to Canada for up to three years while they decide whether they want to apply for permanent residency.
