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

Elections Canada reports disruptions at some polls

Elections Canada reports disruptions at some polls
While the majority of polling stations opened on time and without incident, Elections Canada spokeswoman Diane Benson says issues have been reported with several sites in Ontario and Western Canada, resulting in some stations opening late or having to be relocated.

Elections Canada reports disruptions at some polls

1,692 COVID19 cases over 3 days

1,692 COVID19 cases over 3 days
There are 5,608 active cases of COVID-19 in the province and 171,769 people who tested positive have recovered. Of the active cases, 307 individuals are in hospital and 156 are in intensive care. The remaining people are recovering at home in self-isolation.

1,692 COVID19 cases over 3 days

Five Arrested After Chief Del Manak Assaulted At Chantel Moore Memorial

Five Arrested After Chief Del Manak Assaulted At Chantel Moore Memorial
The woman assaulted Chief Manak after a blanketing ceremony by pouring a liquid on him. She then moved away from the area. Chief Manak, who was attending the memorial at the invitation of Chantel Moore’s mother, was not physically harmed. The assault was captured on video.    

Five Arrested After Chief Del Manak Assaulted At Chantel Moore Memorial

Pfizer Canada cites 'urgency' in kids' COVID vax

Pfizer Canada cites 'urgency' in kids' COVID vax
Health Canada says several studies on children are underway by various COVID-19 vaccine makers, and that it "anticipates vaccine manufacturers to provide data in children in the coming months."    

Pfizer Canada cites 'urgency' in kids' COVID vax

Charges laid in fatal Prince George motel blaze

Charges laid in fatal Prince George motel blaze
Court documents show he is well known to police and made his first appearance at a court in Williams Lake on Friday, when he was ordered to remain in custody until his next date on Thursday.

Charges laid in fatal Prince George motel blaze

Pfizer says COVID-19 vaccine works in kids ages 5 to 11

Pfizer says COVID-19 vaccine works in kids ages 5 to 11
With kids now back in school and the extra-contagious delta variant causing a huge jump in pediatric infections, many parents are anxiously awaiting vaccinations for their younger children.

Pfizer says COVID-19 vaccine works in kids ages 5 to 11