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.
Provinces must match the funding, and work with cities to more quickly increase the supply of housing. Freeland says municipalities need the financial help to manage the economic repercussions of the pandemic and maintain transit systems.
Canadians might not be known as fervent flag wavers like their U.S. neighbours, but the Maple Leaf’s display at protests on Parliament Hill and at border crossings has given some people pause, said Carmen Celestini, a post-doctoral fellow with the Disinformation Project at Simon Fraser University's school of communication in Burnaby, B.C.
An outstanding description of the male was given by the victim, leading to the man being identified. Toluwanimi Alausa was arrested and a Sexual Assault charge has been approved.
There are 762 individuals hospitalized with COVID-19 and 121 are in intensive care. In the past 24 hours, 11 new deaths have been reported, for an overall total of 2,777.
The civil suit filed in B.C. Supreme Court says members of the class-action had convictions, charges or police interactions related to sex work before the Supreme Court of Canada struck down key prostitution laws in 2013.
