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 5,550 active cases of COVID-19 in the province and 163,793 people who tested positive have recovered. Of the active cases, 261 individuals are in hospital and 129 are in intensive care. The remaining people are recovering at home in self-isolation.
With less than two weeks to go, millions of voters are expected to tune in for Wednesday's two-hour French debate and Thursday's English debate. The topics for that debate are affordability, climate, COVID-19 recovery, leadership and accountability and reconciliation with Indigenous Peoples.
The Coast Guard and Royal Canadian Marine Search and Rescue also came to help. Working together, the four agencies rescued the 17 stranded paddleboarders and ferried them back to shore. 13 others managed to make it across the narrows to the North Shore.
85.1% (3,943,729) of eligible people 12 and older in B.C. have received their first dose of COVID-19 vaccine and 77.6% (3,594,929) received their second dose.
Dr. Bonnie Henry says residents will need to provide their personal health numbers, dates of birth and vaccination dates for their first and second doses to securely download their vaccine cards.
The woman was pinned under the dump truck, and bystanders and the driver of the dump truck assisted her with emergency first aid. This file remains under investigation.
