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.
O'Toole remains the lone leader in Parliament who refuses to disclose how many of his 118-member caucus are fully vaccinated against COVID-19. Immunization will be a requirement for MPs wishing to take their seat in the House of Commons when it resumes Nov. 22.
Industry Minister François-Philippe Champagne offered the assessment in an interview Monday from Germany, part of a weeklong, three-country European swing that will take him to Paris later in the coming days for a major international conference on the future of AI.
Research has indicated significantly less uptake in COVID-19 vaccines among racialized Canadians — particularly those who are Black — said Dr. Kwame McKenzie, CEO of policy think tank Wellesley Institute.
In her letter, Chrystia Freeland asked that knowledge of French become an important criterion for securing promotions at the airline, which is subject to the Official Languages Act.
Buses, pedestrians and cyclists were still diverted from University Boulevard as crews continued clearing away fallen trees and branches two days after the warning. No one was hurt and the tornado watch issued by Environment Canada was quickly lifted.
Benjamin Kohlman, 43, pleaded guilty in September to arson charges for setting three fires within an hour, two in North Vancouver and one in Vancouver. Crown attorney Jonas Dow asked for a prison sentence up to five years, while the defence called for a two- to three-year sentence.
