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.
Western Forest Products announced Thursday that the mill will not restart "in its current configuration" and says a group, including the United Steelworkers and Indigenous partners, will spend the next 90 days seeking viable solutions for the operation.
Doctors, nurses and patient advocacy groups have been frantically waving red flags about the crisis unfolding in Canadian hospitals since the pandemic began, when intensive care units and emergency rooms were flooded with patients.
The letter says American dairy producers still aren't getting the access to the Canadian market they're entitled to under the U.S.-Mexico-Canada Agreement. It also describes Canada's planned digital services tax as discriminatory and raises similar concerns about new legislation to regulate online streaming and news.
Farnworth says the policing transition in Surrey is complex, requiring a full and in-depth analysis before a decision is made, as stability in policing is fundamental to ensuring public safety. Surrey city council voted in December to send a plan to Farnworth requesting to keep the RCMP, saying that would save $235 million over five years.
A joint federal and provincial government announcement today says the sensors will give seconds, or perhaps tens of seconds, of warning before the strongest shaking arrives, helping to reduce injuries, deaths and property loss.
The four tanks that Canada is sending to Ukraine are being drawn from the Army’s current inventory of 82 Leopard 2s designed for battle, which former Army officers have said are already stretched thin.