The Bank of Canada hiked its key interest rate by half a percentage point on Wednesday and signalled interest rates would have to rise further to clamp down on decades-high inflation. Canada’s annual inflation rate was 6.9 per cent in September but has been steadily declining since reaching its highest rate this year of 8.1 per cent in June.
Canadian industries are facing a significant labour shortage, with about 1 million job vacancies across the country. The new plan puts an emphasis on increasing the number immigrants who will be admitted based on their work skills or experience over the next three years.
The society says it's putting the parade on hiatus again "with a great deal of regret", after the event was cancelled in 2020 and 2021 because of pandemic precautions. The event traditionally features performances from bands and dance troupes, as well as an appearance by Santa and his helpers.
The storm prompted high streamflow advisories for waterways across Vancouver Island and the central and south coasts, but the River Forecast Centre expected levels to peak by late Monday, while another powerful rainstorm could arrive by the end of the week.
Johnstone says she was in her car when she told McCallum to resign and that she would be the one to bring him down. McCallum, who lost his bid for re-election two weeks ago, has pleaded not guilty to the public mischief charge filed against him last December.
The association says the agreement follows the provincial shared recovery mandate, which sets out specific wage increases, including inflation protection, while ensuring the government has the resources to protect services and support economic recovery.