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.
The VPD says the suspect is a South Asian man with a medium build and was wearing a black hat, sunglasses, beige cargo shorts, and a white and blue striped shirt at the time of the alleged assault.
The record for the highest May peak hourly demand was set last night, as temperatures soared across much of the province. BC-Hydro says preliminary analysis found consumption reached almost 76-hundred megawatts as residents turned to air conditioners and fans in an attempt to cool off.
VPD officers responded to more than 1800 incidents between Friday and Monday, an increase of 36 per cent from the same time last year. That included 28 calls to the beaches, a 250 per cent increase from the same time last year.
The regional district had issued the advisory yesterday in response to high concentrations of ground-level ozone. The district says ground-level ozone is formed when pollution from burning fossil fuels reacts with sunlight.
It happened last Thursday in the courtyard of a multi-family building, but the suspect had fled the scene by the time officers arrived. Police say the suspect was arrested yesterday and charges are pending.
Surrey School District saw more than 2,200 new students enroll this past September, bringing the student population to over 78,0000. Based on population estimates, enrolment is projected to continue increasing at a rapid pace in almost every community.