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 heist happened April 9th when two suspects entered the club after hours, threatened staff with a gun and knife, zap-strapped and forcibly confined six people -- and left one victim with a life-altering injury. The suspects then escaped with 25-thousand dollars in cash.
Manjinder Singh Kaila, 55, was bitten by a police dog on May 29, 2021, next to his Surrey home, as the cops pursued a suspect, despite the victim yelling “it wasn’t me". The statement of claim named constables Sarbjeet Singh and Paul Baker, who were working with RCMP dog service at that time.
R-B-C assistant chief economist Nathan Janzen says the reason the unemployment rate can rise alongside historically strong employment growth is that population growth continues to set new records, including an increase of 84-thousand people in June.
Island Health says a lack of staff has forced it to begin overnight closures of the emergency room at a small Victoria-area hospital. A statement from the health authority says closure of the Saanich Peninsula Hospital emergency department begins at 10 p.m. tonight and will end at 7 a.m. Saturday.
The association says it has learned of the layoffs as well as cargo diversions as the labour dispute drags on, calling on the International Longshore and Warehouse Union to enter a voluntary arbitration process to end the strike.
Justice Jasvinder Basran's ruling says the privacy commissioner must reconsider its findings after notifying Airbnb hosts about the potential release of the information.