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.
Upon arrival, officers discovered a 62-year old man, later identified as Imtiaz Hussain of Abbotsford, deceased. As a result of evidence obtained by the investigators, a 46-year old man was arrested and taken into custody.
Surrey RCMP say Aurora Bolton and Joshuah Bolton were last seen in Krafty's Kitchen and Bar in Kelowna. Police say the suspect is Verity Bolton, who is five-foot-two-inches tall, with brown hair and eyes.
Upon arriving at the delivery address, the victim was confronted by unknown suspects who attempted to take his vehicle when a physical altercation occurred. The unknown suspects fled the scene in the victim’s vehicle leaving the victim at the side of the road with life-threatening injuries.
Solicitor General Mike Farnworth said in a statement that he has carefully considered the city’s report on moving back to the RCMP, but Surrey has not demonstrated that doing so would be safe or would not affect other communities.
Statistics Canada released the findings of a survey Wednesday showing older people who immigrated to Canada as adults were more likely to experience loneliness than those who were born here. It said loneliness has become an important concern because of its effect on health, including disability and frailty, as well as mental health issues.
The British Columbia Maritime Employers Association says resuming strike action that had halted cargo movement for 13 days at the start of the month is "unnecessary and reckless."