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 a brief released today, the Ontario COVID-19 Science Advisory Table says the symptoms of so-called long COVID can last from weeks to months after contracting the virus.
There are no concerns for public safety at this time. The motive for these shootings and whether there is a nexus to the Lowermainland gang conflict are still under investigation.
Dr.Henry says about 15,000 British Columbians who are severely immunocompromised will receive a third dose in accordance with guidance from the National Advisory Committee on Immunization. They include those who've received an organ, bone marrow or stem cell transplant.
85.8% (3,978,624) of eligible people 12 and older in B.C. have received their first dose of COVID-19 vaccine and 78.4% (3,632,547) received their second dose.
The former MP for Kitchener Centre stepped down after facing allegations that he harassed a female staff member, claims he firmly denies. Saini is entitled to a $92,900 severance cheque, worth half his $185,800 MP's salary.
Finance Minister Selina Robinson says the province's financial statement for the first three months of the 2021-22 fiscal year projects a deficit of $4.8 billion, about half the $9.7 billion that was originally forecast in the budget.