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.
There are 5,850 active cases of COVID-19 in the province and 165,027 people who tested positive have recovered. Of the active cases, 281 individuals are in hospital and 135 are in intensive care. The remaining people are recovering at home in self-isolation.
Canada's chief public health officer Dr. Theresa Tam says the advice applies to people 12 and older whose immune systems are compromised for a variety of reasons like being treated for a tumour or having an untreated HIV infection that has advanced.
It is out of character for Siasat Cheema to be out of contact, and police and family are concerned for his well-being. Siasat Cheema is described as a 30 year old, South Asian man, 6 ft., 199 lbs., with black hair and a short beard. He was last seen wearing a white shirt and blue jeans.
Right off the bat, the role of the moderator, Shachi Kurl, came under fire, with Blanchet taking umbrage at what he termed her suggestion that Quebec is racist.
NDP Leader Jagmeet Singh was early out of the gate on Friday morning, holding a news conference in Ottawa to tout his party’s platform before flying to British Columbia where he was scheduled to vote in advance polls on the first day they open.
The BC Wildfire Service says campfire prohibitions are being removed across the entire Kamloops Fire Centre and in the Boundary fire zone of the Southeast Fire Centre.
