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.
Iqbal Uppal is described as a South Asian Male, Bald with a White Beard, 6’2, 280 lbs wearing a grey and red hoodie, blue jeans and beige baseball cap. Iqbal walks with a limp due to arthritis in both knees. Police and family are concerned for his health and well-being.
Over a three-day period, B.C. is reporting 6,288 new cases of COVID-19, for a total of 241,946 cases in the province. Record breaking day in BC for COVID19 cases with Omicron variant driving up the numbers.
There are currently 10,415 active cases of COVID-19 in the province, and 222,604 people who tested positive have recovered. Of the active cases, 192 individuals are currently in hospital and 71 are in intensive care. The remaining people are recovering at home in self-isolation.
There are currently 8,739 active cases of COVID-19 in the province, and 221,872 people who tested positive have recovered. Of the active cases, 195 individuals are currently in hospital and 75 are in intensive care. The remaining people are recovering at home in self-isolation.
There are 7,253 active cases of COVID-19 in the province, and 221,280 people who tested positive have recovered. Of the active cases, 187 individuals are in hospital and 71 are in intensive care. The remaining people are recovering at home in self-isolation.
