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.
Sajjan said that's because the U.S. is leading the mission and providing security and so its forces, some 6,000 personnel, must be the last to leave the airport. That means Canada's special forces and aircrews must begin departure preparations in advance.
There are still some populations of sea stars in B.C. waters, but it's unclear if they'll survive, said Sara Hamilton, who is a PhD student at Oregon State University and lead author of the study.
Liberal Leader Justin Trudeau will be campaigning in British Columbia today while the heads of the New Democrats and Conservative will be in Ontario. Trudeau is expected to make an announcement in Surrey. B.C., before meeting with a local family to discuss housing.
The Regional District of Central Okanagan says the evacuation order for more than 1,300 properties and alert for about 850 of them remains unchanged as the White Rock Lake Creek wildfire continues to burn.
Trudeau's plan, announced at a Tuesday campaign stop in Hamilton, Ont., is built around helping renters become homeowners through $1 billion in loans and grants, but also involves a two-year moratorium on foreign buyers, banning blind bidding and a Bill of Rights creating a legal right to a home inspection.
