Darpan News Desk The Canadian Press, 15 Aug, 2023 10:04 AM
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 Daly Bridge is being replaced southeast of Lumby in B-C's southern Interior. Vernon-Monashee M-L-A Harwinder Sandhu says replacing the 50-year-old bridge will help to safeguard access to homes and businesses in the Creighton Valley area by reducing the chance of flooding or washouts.
A drug alert has been issued by Fraser Health after benzodiazepines were detected in vape juice containing cannabis and synthetic cannabinoids. The Mounties say the tainted products are being sold in clubs and bars, but may also be sold elsewhere.
R-C-M-P are looking for a suspect wanted in a fraud and identity theft case that has resulted in more than 200 charges being laid. The Mounties say two others have been taken into custody after a vehicle stop in March led to the seizure of multiple forged documents.
The BC Prosecution Service says the charge for Cst. Robby Pawar stems from an incident that is alleged to have happened on Dec. 3, 2021, in Delta, B.C. The Mountie's first appearance is scheduled to take place on August 2, 2023 in Surrey Provincial Court.
The delivery of the terms comes after federal Labour Minister Seamus O'Regan late Tuesday instructed the mediator to send him the terms within 24 hours so he could forward them to the International Longshore and Warehouse Union Canada and the B.C. Maritime Employers Association.
The government introduced the Wrecked, Abandoned or Hazardous Vessels Act in 2017. It passed in February 2019 and took effect that July. It made it illegal to abandon a boat in Canada and gives the government the power to go after boat owners when their vessels are wrecked or left behind, including fines up to $1 million.