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.
R-C-M-P say an off-duty Mountie showed bravery when he saved three people's lives from a burning home on Vancouver Island. Police got a call yesterday morning about a neighbour's house being on fire in Lake Cowichan and when that resident knocked on the door, there was no response.
Project CEO Jason Klein has told the LNG 2023 conference in Vancouver that the project is close to 85-per-cent complete and will aim to compete globally, not only on price but also its environmental and social track record.
Two people in Nanaimo are unhurt but their home has smoke damage after what R-C-M-P say was a suspicious fire. It happened early yesterday morning south of Nanaimo in the Cinnabar Valley neighbourhood.
The BC Wildfire Service is reporting more than 300 fires, with 87 spotted in the last 24 hours and almost 200 of the total number ranked as out of control. B.C.'s wildfire danger was high to extreme across all but small pockets of the province on Monday.
The two countries have signed a "road map" outlining the process. The document sets out three phases for the work, which will eventually involve as many as 2,200 persistently deployed Canadian troops plus the ability to add hundreds of additional Armed Forces members as needed. It states that brigade buildup will be completed in 2025, and that Latvia will work to build new infrastructure.
A shooting in downtown Toronto that sent two people to hospital with serious injuries Monday morning could be the result of road rage following street racing, police said as they worked to identify those responsible. Toronto police said they were called to 7 Charles Street West, just one block south of Toronto's busy Yonge and Bloor intersection, just after 6 a.m. for what they described as a drive-by shooting.