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.
Robanpreet was last seen on July 9, 2023 at his residence in Surrey. Police and family are concerned for Robanpreet’s health and well-being as it is out of character for Robanpreet to be out of contact for this long. If you see Robanpreet, keep him in sight and call police.
Bill Blair tells The Canadian Press the government operations centre has been in discussions with the province for the last several days, and Ottawa is ready to deploy needed resources as the formal request for help is expected Thursday.
A B-C man has been sentenced to nine years in prison for fatally shooting a woman in Surrey two years ago, and for an unrelated robbery two months earlier. The 26-year-old pleaded guilty to manslaughter for killing a 20-year-old sex worker in May 2021, and to a robbery and a weapons charge for holding up a poker game in Burnaby in March that same year.
Dutch judges have been considering how to convert the 13-year sentence imposed on Aydin Coban by a B-C court into a term that meshes with the Dutch legal system -- and it's possible he could serve about 4-and-a-half years for his crimes against Amanda Todd.
The tentative deal comes after federal Labour Minister Seamus O'Regan ordered a mediator to issue terms of possible settlement earlier this week, saying the gap in the deadlocked talks was "not sufficient to justify a continued work stoppage."
The government's subsequent attempts to claw back pandemic funds from those it now deems ineligible set the stage for more than 1,000 battles in Federal Court between claimants and the Canada Revenue Agency.