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.
Sheila Malcolmson, the minister of mental health and addictions, says the program dubbed the Tailgate Toolkit was developed on Vancouver Island last year in partnership with people in the industry who have experience with illicit drug use.
Canadian health leaders and some premiers have been publicly pressuring Health Canada to greenlight the medication, which prevents the SARS-CoV-2 virus that causes COVID-19 from reproducing within a patient's body. Pfizer's clinical trial showed for high-risk patients it prevented hospitalizations by about 90 per cent.
The disgraced Duke of York was the honorary colonel-in-chief of three Canadian regiments: The Royal Highland Fusiliers of Canada, The Princess Louise Fusiliers and the Queen's York Rangers.
There are currently 36,641 active cases of COVID-19 in the province and 246,693 people who tested positive have recovered. Of the active cases, 500 individuals are currently in hospital and 102 are in intensive care. The remaining people are recovering at home in self-isolation.
A statement from co-chairs Rozanne Helm and Colin Hansen of the party's election organizing committee says 3,025 memberships are undergoing confirmation reviews before those people will be allowed to vote in the leadership contest.
Environment Canada had warned this week's series of rain events would bring deluges of 50 to 150 millimetres over much of southern B.C., but preliminary measurements show conditions were not as intense.
