The inflation rate rose to 3.3 per cent in July, a development that economists warn spells bad news for the Bank of Canada.
Forecasters say the latest report raises the odds of an interest rate hike next month, despite other signs of economic softening, including rising unemployment.
B-MO chief economist Douglas Porter still expects the Bank of Canada will stay on the sidelines but he says the inflation figures will make it a tougher call.
Starting in June, rebates on an approved e-bike will be available to B-C residents older than 19 and will be based on income. Rebates will range from 350 dollars to a maximum of 14-hundred dollars.
Eby, cabinet ministers Josie Osborne and Brenda Bailey, and minister of state for trade, Jagrup Brar, will travel to Japan, Korea, Singapore and Vietnam. Meetings are set with government and economic leaders in all four countries.
Canada's total residential mortgage debt has climbed six per cent in the past year to 2.08-trillion-dollars. But Canada Mortgage and Housing Corporation says the rate of growth has actually slowed compared with recent years.
Four people have been arrested and about 13-million-dollars in drugs have been seized as part of an ongoing investigation by Vancouver Police. Police say the drug seizures happened in March, when officers executed search warrants at various downtown locations.
The new Climate Ready B-C Seafood Program will fund marine carbon removal technologies as well as research and testing into acidification and low oxygen levels in the water. The program is being delivered by the Ocean Decade Collaborative Centre, a division of Tula Foundation.
The investigation progressed and in November 2020, CFSEU-BC investigators executed search warrants at four residences, two located in Burnaby, one in Vancouver, and one in Abbotsford. Two men and one woman were charged last week with a series of offences including trafficking and possession for the purpose of trafficking.