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.
The report from the Crown utility says more than half of Lower Mainland residents think their region is the most prepared for storm-related power outages, but fewer than half have an outage plan or emergency kit at home.
“Investigators believe the woman may have been followed out of the coffee shop and confronted by the suspect, who then stabbed her with the dirty needle,” adds Sergeant Addison. “Because we don’t know what was in the needle and whether there will be any long-term health impacts, the victim was taken to hospital for treatment.”
Just before 1:30 a.m. on November 7, a cell guard noted the woman had fallen from her bunk onto the floor. Upon further assessment the woman was found to be unresponsive and not breathing. An officer and the cell nurse began life saving efforts, until these efforts were assumed by BC Emergency Health Services and the Surrey Fire Department.
There are 4,282 active cases of COVID-19 in the province, and 202,898 people who tested positive have recovered. Of the active cases, 407 individuals are in hospital and 121 are in intensive care.
Though shoplifting remains vastly under-reported, Vancouver Police have seen a surge in people using violence while stealing from stores. Cases involving weapons – things like knives, needles and bear spray – have shot up 550 per cent since 2019. Commercial robberies have gone up 126 per cent during that same time.
Statistics Canada says more than 19,000 Canadians lost their lives during COVID-19 than would have been expected had the pandemic never happened. The report highlights the deadly toll COVID-19 has taken directly and indirectly on Canadian lives.