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 the coroner's office says the panel reviewed 6,000 deaths from toxic illicit drugs between 2017 and 2021. There were 2,224 suspected overdose deaths in the province last year, which was a 26 per cent jump over the previous year.
There are 419 individuals hospitalized with COVID-19 and 63 are in intensive care. In the past 24 hours, one new death (Fraser Health) has been reported, for an overall total of 2,915.
Michael Pickup says in a news release that fraud risk management in the province is decentralized and shared by ministries as well as the Office of the Comptroller General, which provides oversight and support.
Chip Wilson was diagnosed with facioscapulohumeral muscular dystrophy when he was 32, saying it has contributed to his muscle loss and he expects to not be able to walk without help in eight years. He says the funding will go toward finding a cure for the disorder by the end of 2027.
The prime minister promised Baltic leaders on a whirlwind trip to Latvia that Canada will stand with them to fight Russia's military aggression against Ukraine and its cyberattacks on their countries.
A half-dozen passengers who were not fully vaccinated when they boarded have now received penalties that could reach a maximum of $5,000 each, Transport Canada said. Under COVID-19 rules, all passengers must be fully vaccinated to board a flight departing the country.
