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.
OPP say the convoy, which started in British Columbia, is expected to be coming through the region until Saturday — the day of the so-called "freedom rally" on Parliament Hill.
Trudeau said the result of a rapid antigen test he took was negative, but he is following local public health rules and isolating for five days. He said he will be working from home during that stretch.
The man, who is unknown to both victims, allegedly uttered threats and then assaulted the mother and child. Bystanders held the man until police arrived and arrested him.
Sgt. David Lee of the Integrated Homicide Investigation Team says the identities of the four people aren't yet being released. He says one of the deceased had a valid firearms licence and access to guns.
There are 30,058 active cases of COVID-19 in the province, and 282,189 people who tested positive have recovered. Of the active cases, 949 COVID-positive individuals are in hospital and 136 are in intensive care. The remaining people are recovering at home in self-isolation.
There are 32,468 active cases of COVID-19 in the province, and 277,285 people who tested positive have recovered. Of the active cases, 985 COVID-positive individuals are in hospital and 144 are in intensive care. The remaining people are recovering at home in self-isolation.
