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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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Surrey RCMP say one person injured in shooting, believed linked to drug trade

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Victims of fatal 2021 B.C. library stabbing describe shattered lives at sentencing

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B.C. health registry expansion aims to connect patients with family doctors: minister

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Delta woman charged with fraud

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31-year-old Tarndeep Uppal, of North Delta, has been charged with one count of theft of credit card and identity information. Fourteen counts of fraud under $5000. Uppal has been released with conditions not to possess credit cards, identification or data in any other name but her own.

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B.C. officials warn of lightning-caused wildfires expected this week

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