Inflation has come down from its highs, and groceries are no exception. Statistics Canada reported on Tuesday that grocery prices in August rose 2.4 per cent from the year before, a far cry from their peak of 11.4 per cent in late 2022 and early 2023.
Health Canada has authorized Moderna's updated COVID-19 vaccine that protects against currently circulating variants of the virus. The mRNA vaccine, called Spikevax, has been reformulated to target the KP.2 subvariant of Omicron.
Inflation finally hit the Bank of Canada's two per cent target in August after a tumultuous battle with skyrocketing price growth, raising the odds of larger interest rate cuts in the coming months. Canada's annual inflation rate fell from 2.5 per cent in July to reach the lowest level since February 2021.
Statistics Canada has changed the way it tracks the price of wireless plans in an effort to capture a more accurate picture of what Canadians are paying when it calculates the inflation rate. The agency has been using web-collected data on the advertised cost of plans based on a set of profiles designed to reflect how households use their devices.
Mounties in Squamish say two people have been arrested in what they are calling a weapons related incident near Government Road and Garibaldi Way on Sunday. They say a victim was brought to the hospital with non-life-threatening-injuries.
