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.
Surrey, B.C., resident Lisa Batstone was convicted of second-degree murder for smothering her daughter, Teagan, in December 2014. Batstone, who was 41 at the time, was sentenced in 2019 to life in prison with no parole eligibility for 15 years.
Dr. Theresa Tam, Canada's chief public health officer, said the government would be providing more specific information about the severity of COVID-19 in various countries to help Canadians decide where they should consider travelling.
Chief public health officer Dr. Theresa Tam says provincial and federal governments are working to figure out how many doses will be needed in Canada so that everyone can be fully vaccinated, and get a booster if they need one.
The Liberal government announced earlier this month that core public servants must be vaccinated against the virus or face suspension without pay as early as Nov. 15.
Scientists are monitoring the delta-related variant — known as AY.4.2. — to see if it might spread more easily or be more deadly than previous versions of the coronavirus. In a recent report, U.K. officials said this variant makes up 6% of all analyzed COVID-19 cases in the country and is “on an increasing trajectory.”
The shots could begin in early November, with the first children in line fully protected by Christmas, if regulators give the go-ahead. That would represent a major expansion of the nation's vaccine drive, encompassing roughly 28 million elementary school-age youngsters.
