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.
Snowfall warnings have been issued for parts of central and northern B.C. Environment Canada predicts 15 to 20 centimetres of snow will fall in the northeast, including the Prince George, Williston, McGregor and Peace River areas, intensifying throughout the day and continuing Tuesday night.
Over the last few months, Surrey RCMP have received multiple calls of vandalism to public washroom facilities, particularly in the Cloverdale area. The damage has included smashed toilets, broken doors, partitions, vents, as well as stolen soap dispensers.
A man has been charged with one count of second-degree murder following an investigation into the death of a woman who went missing close to six years ago from Salmon Arm, B.C. The RCMP say Derek Favell has been charged in the death of Ashley Simpson, his girlfriend at the time she disappeared in 2016.
VPD’s Anti-Fencing Unit launched an undercover sting in April, sending entrenched officers to the Downtown Eastside to observe and gather evidence about the rampant trafficking of stolen property.
There are currently 2,876 active cases of COVID-19 in the province, and 215,190 people who tested positive have recovered. Of the active cases, 241 individuals are currently in hospital and 89 are in intensive care. The remaining people are recovering at home in self-isolation.
Checking in on the app has become a mandatory part of crossing into Canada, regardless of how long the traveller has been out of the country. It collects information about where the traveller has been, the purpose of their trip, their contact information, vaccination information, pre-travel COVID-19 test results, and their quarantine plan once they are in Canada.
