The inflation rate fell to 2.8 per cent in June, but Statistics Canada is also reporting grocery prices shot up 9.1 per cent from year-ago levels.
That's even more than prices rose in May.
B-M-O economist Benjamin Reitzes (RIGHT'-sis) says the report was mixed.
But he thinks there are enough encouraging signs in it to make the Bank of Canada pleased with the direction inflation is headed.
Environment Minister Steven Guilbeault published draft regulations Tuesday outlining how Canada will ban the manufacture, sale and import of these items, along with plastic cutlery, stir sticks, straws and six-pack rings, by the end of next year.
The federal Liberals have put the White House on notice that Canada will officially challenge the legality of an American decision to hike duties on softwood lumber heading south of the border. The government is filing the grievance under the recently renewed North American free trade pact.
Canada’s housing minister says the federal government plans to take a tougher stand on investment properties to help cool housing prices. The broad strokes of the agenda were outlined in the mandate letter the prime minister gave to Housing Minister Ahmed Hussen.
British Columbia's "hobbled" supply chains received a major boost with the reopening of the primary transport route for goods heading to and from Metro Vancouver, a spokesman for the trucking industry said. The Coquihalla Highway between Hope and Merritt reopened ahead of schedule Monday to commercial traffic and intercity buses.
On December 21, 2021 at 4:26 am, Surrey RCMP responded to a report of a vehicle smashing the front door of a business with a truck in the area of 15700 block of Croydon Drive. The suspect/(s) gained access to the store and stole approximately $5,000 in merchandise before fleeing the scene in the truck.
On December 13, 2021, 70-year-old Sant Mangat of Surrey, BC was officially charged with, one count of telecommunicate to lure a child under 16, and one count of possessing child pornography.