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 institute says the federal government shouldn't try to match the incentives and subsidies offered by the U.S. and instead tailor its measures for Canada. Finance Minister Chrystia Freeland has signalled the March 28 budget will include ways to keep Canada competitive as countries transition their economies to cleaner energy and technologies.
The federal minimum wage is rising to $16.65 per hour on April 1, up from $15.55. Ottawa set a federal minimum wage of $15 per hour in 2021 and increases it each year based on inflation. The changes are made every year on April 1.
She also announced that Ottawa is launching a new digital tool that will allow Canadians to check the status of their Service Canada application online, as long as they provide an email address.
The College of Pharmacists of BC says on a post on its website that its inquiry committee has suspended Aftabahmed Shaikh for 30 days and placed a permanent letter of reprimand on his file. The college says its inquiry also found that Shaikh altered the pharmacy's software to make his records more difficult to find.
Police say a suspect group has been identified, but no arrests have been made. The reason for the attack and the details linked to it are still being determined and the 21-year-old student is being supported by the Mounties' victim services unit.
Due to the location of the collision and the subsequent downed power line, 64th avenue is closed from 152nd street to 146th street. 148th street is closed from 68th avenue to 62nd avenue. Motorists are asked to avoid the area and find a different route for their morning commute.