Saturday, July 4, 2026
ADVT 
National

Cdn economy stagnant in Q2

Darpan News Desk The Canadian Press, 01 Sep, 2023 11:01 AM
  • Cdn economy stagnant in Q2

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.    

MORE National ARTICLES

B.C. vaccine card marks official proof Monday

B.C. vaccine card marks official proof Monday
The vaccine card, under orders from provincial health officer Dr. Bonnie Henry, is required at most restaurants and indoor events to help ensure businesses can stay open and people can feel safe in these settings.

B.C. vaccine card marks official proof Monday

Lots to consider in vaccinating kids for COVID-19

Lots to consider in vaccinating kids for COVID-19
Soon parents might get to decide whether to vaccinate their young children against COVID-19, and according to Canada's top doctor they'll have to consider more than just the safety data.

Lots to consider in vaccinating kids for COVID-19

Mountain lakes losing colour from climate change

Mountain lakes losing colour from climate change
The delicate, translucent celadon that says "alpine" to mountain-lovers everywhere comes from glacial meltwater. Even small glaciers are massive rivers of ice that can pulverize rock into flour-fine particles and it's those particles that tint the lakes.

Mountain lakes losing colour from climate change

Meng's extradition case dropped in B.C.

Meng's extradition case dropped in B.C.
The Huawei executive emerged from the court without her ankle bracelet and read a statement thanking the judge, the Crown lawyers and the Canadian people for their tolerance, while apologizing for the inconvenience.

Meng's extradition case dropped in B.C.

743 COVID19 cases for Friday

743 COVID19 cases for Friday
There are 5,979 active cases of COVID-19 in the province and 174,281 people who tested positive have recovered. Of the active cases, 319 individuals are in hospital and 149 are in intensive care. The remaining people are recovering at home in self-isolation.

743 COVID19 cases for Friday

VPD investigates disturbing Downtown Eastside attack

VPD investigates disturbing Downtown Eastside attack
The victim, a 22-year-old Downtown Eastside resident, was standing in front of the Downtown Eastside Women’s Centre at Columbia Street and East Cordova when he felt a sharp pain in his leg and realized he’d been shot. With an arrow lodged just below his kneecap, the victim walked a block to Insite, where staff gave first aid and called 9-1-1.

VPD investigates disturbing Downtown Eastside attack