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.
The federal government said a long-term boil-water advisory for the community, which was issued in 1998 and was one of the longest in Canada, had been lifted.
The 40-year-old woman is a kindergarten teacher and mother of an 18-month-old daughter. He says the homicide team is asking for patience as the investigation continues and that Onotera's family has also asked for privacy.
Dr. Bonnie Henry and Health Minister Adrian Dix said that there are 5,791 active cases of COVID-19 in the province. Of the active cases, 288 individuals are currently hospitalized, 137 of whom are in ICU.
Lawyer Steven Kelliher, representing Victoria landscaper Robert (Saul) Arbess, says the court must weigh the importance to the environment of protecting old-growth trees in the Fairy Creek area of Vancouver Island as opposed to the company's economic interests.
Fendrikov, described by police as an avid hiker with significant backcountry experience, was reported missing earlier this week when he did not show up for work.
A report from the association and the Conference Board of Canada shows modest recovery over the last year, but it still projects an overall 54 per cent decline since the pandemic hit last March.
