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 Florida man has been charged with human smuggling after the bodies of four people, including a baby and a teen, were found in Manitoba near the United States border. The United States Attorney's Office for the District of Minnesota said Steve Shand, 47, appeared in court earlier Thursday.
The B.C. government says in a news release that beginning Feb. 1, evacuees receiving Emergency Support Services since the Nov. 15 storms will be offered the expanded help through the Canadian Red Cross.
There are 34,835 active cases of COVID-19 in the province, and 265,765 people who tested positive have recovered. Of the active cases, 891 COVID-positive individuals are in hospital and 119 are in intensive care. The remaining people are recovering at home in self-isolation.
The Lillooet Secondary School administration says in a letter to families the wildfire logo holds a different meaning after the fatal blaze that burned through Lytton, and the nearby Elephant Hill fire in 2017 that destroyed more than 100 homes.
Amardip Singh Rai is described as a 42-year-old South Asian Male, 5’11, slim build, with brown eyes, black hair and often has facial hair. He has tattoos including roses on his hands, scroll with words on his neck, a cancer ribbon on his neck and a tiger on his chest.
On January 16, 2022, at 8:54 p.m., Surrey RCMP received the report of a personal robbery inside a bank in the 13600-block of 72 Avenue. The victim was depositing cash into the ATM when they were approached and allegedly robbed.