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.
In Spring of 2021, the Surrey RCMP Drug Unit initiated an investigation into a drug trafficking network with ties to the Lower Mainland Gang Conflict. Through an extensive investigation, three residences in the Whalley area were identified as locations of interest.
It says in a statement that a salvage team was using thermal cameras to find remaining hot spots on the MV Zim Kingston after some of the containers caught fire last weekend. Active firefighting operations continued Thursday in containers that hold tires, it said.
Alberta's jobs minister says he heard rumours about his chief of staff raising a sexual harassment issue which she alleges led to her being fired by the premier’s office.
There are 4,961 active cases of COVID-19 in the province, and 196,858 people who tested positive have recovered. Of the active cases, 434 individuals are in hospital and 155 are in intensive care.
In October 2006, Mukhtiar Panghali killed his wife Manjit through strangulation. As the investigation progressed, Manjit's burned body was found at a Delta beach. At the time of the killing Manjit was 31. Panghali was convicted of second-degree murder and sentenced to life in prison with no chance of parole for 15 years.
In the early hours of October 25, several suspects broke into an apartment building near Nelson and Bidwell streets, using tools and suction cups to quietly remove the glass to gain entry. They then removed several bikes that were being stored inside the building.
