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.
COVAX celebrated delivering its one billionth dose in mid-January and one-third of the population in the countries reliant on COVAX for their vaccines is now fully vaccinated.
The ire of Ottawa residents about traffic gridlock, the incessant blare of truck horns, harassment of service workers and fouling of property has sparked questions concerning the role of police in ensuring public order.
The federal government introduced legislation on Monday to continue providing as many rapid tests as possible to the provinces and territories. Health Minister Jean-Yves Duclos introduced the bill in the House of Commons on MPs' first day back after a six-week break.
Assistant Chief Ken Gemmill says crews were called to the highrise around 6 a.m., finding flames and smoke coming from a fourth-floor unit with a man still inside.
Brad West said the citizens of Port Coquitlam revere Fox and don't support anyone using his image to make political statements that Fox would not have supported.
There are currently 27,454 active cases of COVID-19 in the province, and 293,124 people who tested positive have recovered. Of the active cases, 1,048 COVID-positive individuals are currently in hospital and 138 are in intensive care. The remaining people are recovering at home in self-isolation.