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.
Police say a school bus tipped over on B.C.’s Sunshine Coast, sending the driver to the hospital with minor injuries. The crash happened at 8:37 a.m. on the side of Highway 101 in Madeira Park, about 100 kilometres northwest of Vancouver.
A B-C Highway Patrol officer says the teen was travelling at a speed of up to 209 kilometres per hour in a 100 kilometres per hour zone last week. The driver is facing multiple charges and is set to appear in court next month.
The city's police say a woman was crossing near Main and Georgia streets when she was struck just before 12:30 p-m. They say the driver is co-operating with the investigation.
The provincial government will spend nearly 26-million dollars annually for settlement services to help newcomers succeed in their new communities. That's an increase from six-million dollars the province had previously provided.
When officers arrived on scene they found ten vehicles had been sprayed with orange and blue paint. Officers collected evidence and began canvassing the area for CCTV footage.
B.C. Premier David Eby said the expansion project will create more than 400 jobs, while ensuring world-leading medicines are developed in Canada for Canadians and people globally.