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.
Despite efforts of emergency responders and the civilians present, Cst. Harvinder Singh Dhami succumbed to his injuries. This tragic incident is still under investigation, more information may be provided when available.
Police learned that an altercation took place between two groups inside the SkyTrain station resulting in the victim being stabbed. Three suspects then fled the SkyTrain station onto Columbia Street. The victim and suspects are not known to each other.
The Port of Vancouver says 331 cruise ships are scheduled over the same period, potentially delivering more than one million visitors into the downtown core, with almost daily arrivals and departures at the height of the season between May and September.
Vancouver police and city staff moved into the Downtown Eastside encampment last Wednesday to dismantle and throw away belongings, tents and other structures that lined the sidewalks on Hastings Street. Mayor Ken Sim, along with the fire and police chiefs, said the fire danger and increased crime meant the encampment had to be dismantled.
The study showed almost 17 tonnes of drug products were trafficked for $234.7 million in eight markets, with the most popular drugs being stimulants, cannabis, opioids and benzodiazepines.
The party announced in November that 80 per cent of Liberal members voted to proceed with the name change to BC United. Falcon, who was elected leader last year, said that reconsidering the party name was a priority during his leadership campaign where he promised full-scale renewal.