Darpan News Desk The Canadian Press, 07 Jul, 2023 09:55 AM
The jobless rate went up for a second month in a row in June.
Statistics Canada reports the rate climbed to 5.4 per cent as the economy added 60-thousand jobs.
R-B-C assistant chief economist Nathan Janzen says the reason the unemployment rate can rise alongside historically strong employment growth is that population growth continues to set new records, including an increase of 84-thousand people in June.
But forecasters are still expecting the Bank of Canada will raise interest rates at its next decision on Wednesday.
Trudeau is fresh off a week of cross-country travel focused on Canada's push to expand its battery and electric-vehicle industries, part of a broader goal to get more competitive on clean technology. Senior Liberals are expected to use the retreat to hammer out political and policy priorities for the months ahead, keeping in mind their confidence-and-supply deal with the NDP.
The U.S. describes the program, which will allow ordinary Americans to privately sponsor refugees, as the boldest innovation in refugee resettlement in four decades. They also acknowledge that it borrows heavily from Canada, where citizens have been able to privately help resettle refugees since the 1970s.
At a news conference in Toronto, Trudeau says he's asked the clerk of the Privy Council to look at the government's procurement practices to make sure they are getting good value for money. The government mandated the use of the ArriveCan app during the COVID-19 pandemic as a way to screen travellers crossing the border into the country.
The Vancouver-based company also says it plans to pay a special one-time dividend of US$1.08 per share to its own shareholders, contingent on the deal closing. Ritchie Bros. is now offering US$12.80 per share in cash and 0.5252 of a Ritchie Bros. share for each IAA share, making the offer worth about US$44.40 per share based on the company's share price Friday.
Avalanche Canada says the snowmobilers were riding at the base of a slope in a feature known as Bowl 3 in the Oasis area when the avalanche happened Saturday morning. One person managed to ride away while the other was fully buried.
Coquitlam RCMP Front-line officers attended the area of Glen Drive and Johnston Street in Coquitlam for an assault on Sunday, January 1, 2023 at 2:47 a.m. The victim was changing a tire when he was attacked by two men. The men fled prior to Police attendance. nThe victim sustained serious, non-life-threatening injuries to his head.
