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.
Liberal Leader Justin Trudeau is finding himself under fire this morning from his political opponents over the timing of an election call during the fourth wave of COVID-19. Trudeau triggered the election three weeks ago, and it wraps on Sept. 20.
The statement of claim filed Tuesday by the Canadian Association of People Who Use Drugs and four individual plaintiffs says drug dependence is well recognized as a medical condition, but criminalization means the toxic illicit market is the only source of most drugs.
Provincial health officer Dr. Bonnie Henry says indoor gatherings are now restricted to only one other family or five guests, while outdoor gatherings are limited to 50 people.
84.6% (3,922,233) of eligible people 12 and older in B.C. have received their first dose of COVID-19 vaccine and 76.9% (3,565,148) received their second dose.
An employee working at the mall witnessed a man approach a woman from behind and grope her buttocks on August 27 around 5 p.m. The suspect then fled and mall security followed him while calling 911. Police were able to locate the suspect on a bus near Hastings and Abbott streets.
Right in time for the new school year, more than 8,600 students will be returning to safer and modernized classrooms at 16 new or improved schools throughout the province. The Government of B.C. has invested almost $353 million in these schools.