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Another rate hike coming: Stats Can

Darpan News Desk The Canadian Press, 15 Aug, 2023 10:04 AM
  • Another rate hike coming: Stats Can

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.

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Ministerial adviser, Gurveen Dhaliwal, won't be charged in election rule violation probe

Ministerial adviser, Gurveen Dhaliwal, won't be charged in election rule violation probe
The service had tapped a special prosecutor in May to give legal advice on the investigation of Gurveen Dhaliwal, who served as a trustee in New Westminster before being named as an adviser to Health Minister Adrian Dix on May 1. The investigation stemmed from Dhaliwal's presence as a scrutineer during the same election last November in which she was running for a second term.

Ministerial adviser, Gurveen Dhaliwal, won't be charged in election rule violation probe

Run Surrey Run 2023 takes place Sept 8-10

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Run Surrey Run 2023 takes place Sept 8-10

Mother-in-law of B.C. knife victim says 'monster' robbed son of woman he loved

Mother-in-law of B.C. knife victim says 'monster' robbed son of woman he loved
The murdered woman's mother-in-law has told the British Columbia Supreme Court in New Westminster that her son and the victim had been planning to build a life together in Canada, and her death devastated everyone who knew the young woman.

Mother-in-law of B.C. knife victim says 'monster' robbed son of woman he loved

New process for multiple offers on a home

New process for multiple offers on a home
In a market that has been characterized by limited properties for sale and multiple bids for those listings, realtors say the new form will "bring comfort" to prospective buyers that their offer was fairly presented.

New process for multiple offers on a home

Workers to rally on day six of B.C. port strike, employer seeks binding arbitration

Workers to rally on day six of B.C. port strike, employer seeks binding arbitration
About 7,400 members of the International Longshore and Warehouse Union have been off the job since Canada Day to back demands for improved wages and provisions against contracting out and automation. The mid-morning demonstration is organized by the union and billed as a solidarity rally, with members reminded that there is pride, strength and commitment in numbers.  

Workers to rally on day six of B.C. port strike, employer seeks binding arbitration

Deadly crash in the Okanagan

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The B-C Highway Patrol says it's investigating a deadly crash involving a pedestrian in the Okanagan over the Canada Day long weekend.  Police say they were called to the crash around noon last Saturday, where a car hit a pedestrian in a crosswalk on Highway 97-A in Enderby, B-C. 

Deadly crash in the Okanagan