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.
Aydin Coban, who is in his mid-40s, was convicted in August on charges of extortion, harassment, communication with a young person to commit a sexual offence and possession and distribution of child pornography.
On September 11, 2022, a Surrey RCMP officer was surrounded by a group of males in the parking lot of the Strawberry Hill business complex, after he served a violation ticket to one of the individuals. Earlier this week on October 4, 2022, a 22 year-old man was arrested for intimidation of the justice system participant and obstruction of a peace officer,.
Police say around 5:30 p.m. Thursday, staff at a bank near Main Street and East Pender Street called 911 to report a robbery. When officers arrived, they spotted the suspect attempting to take off in a cab.
The statement of co-operation also aims to accelerate the transition to a low-carbon economy and to protect communities from climate disasters including droughts, wildfires and heat waves. The four jurisdictions have differing climate agendas but share the goal of reducing greenhouse gas emissions at least 80 per cent by 2050.
A statement from the district says a 50-person firefighting crew has established a 15-metre "wet line" around the perimeter of the fire in Coquitlam's Minnekhada Regional Park, preventing any further spread. It says ground crews are now focused on dousing remaining hot spots.
The Opposition BC Liberals are calling for an all-party pay freeze as a show of solidarity with people struggling to make ends meet during inflationary times. Liberal house leader Todd Stone says members of the legislature could be in line for a salary increase in April of 10 per cent or more, amounting to raises of at least $10,000.
